Enterprize Events Inc

Analysis

Enterprize Events Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Enterprize Events Inc reported income of $1.9m and spending of $2.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Enterprize Events Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 79th percentile within PR. Charities of a similar size with the same main cause include Lake Highlands Improvement District Corporation ($1.9m), Solidara a Teamsters Organization ($1.9m) and Kulshan Vocational Service ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $561k against liabilities of $1.3m, net assets of -$786k.