Enterprise Retirement Center Inc

Analysis

Enterprise Retirement Center Inc is a registered charity in United States, based in Enterprise, AL. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Enterprise Retirement Center Inc reported income of $290k and spending of $281k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $290k (+30%), an average of +6.8% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Enterprise Retirement Center Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AL. Charities of a similar size with the same main cause include Eliza Johnson Center for the Aging Inc ($290k), Housing Foundation ($290k) and Canyon Cove Seniors Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $65k. At year end it held assets of $145k against liabilities of $117k, net assets of $28k.