Exceptional Enterprises Inc

Analysis

Exceptional Enterprises Inc is a registered charity in United States, based in Coalmont, TN. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Exceptional Enterprises Inc reported income of $3.9m and spending of $3.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.9m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Exceptional Enterprises Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Sheffield Care Center ($3.9m), Table Ministries Inc ($3.9m) and Young Mens Christian Association ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 90% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $4.5m against liabilities of $264k, net assets of $4.2m. It reported 103 employees.