Ecap Enterprises Inc

Analysis

Ecap Enterprises Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Ecap Enterprises Inc reported income of $3.7m and spending of $3.8m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.8m to $3.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2021, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ecap Enterprises Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Solomon Schechter Day School of Greater Monmouth County Inc ($3.7m), Readyct Inc ($3.7m) and J Sargeant Reynolds Community ($3.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $158k (4.2% of expenses). At year end it held assets of $3.4m against liabilities of $1.4m, net assets of $1.9m. It reported 43 employees.