Enterprise Institute

Analysis

Enterprise Institute is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Institute reported income of $231k and spending of $228k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $456k to $231k (-49%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Enterprise Institute sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within SD. Charities of a similar size with the same main cause include Iowa Alliance for Choice in Education ($231k), Village Early Learning Center ($231k) and Women in Neuroscience ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $143k (63% of expenses). Other salaries and wages came to $21k. At year end it held assets of $789k against liabilities of $32k, net assets of $757k. It reported 5 employees.