Engage Inc
Analysis
Engage Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in May 2002, 24 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, Engage Inc reported income of $1.9m and spending of $2.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 106% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Engage Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Childrens Nutrition of Florida Inc ($1.9m), Step ($1.9m) and Residential Support Service of Wake County Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $288k (14% of expenses). Other salaries and wages came to $813k. At year end it held assets of $1.3m against liabilities of $202k, net assets of $1.1m. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 71%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Nutrition of Florida Inc | Jacksonville | $1.9m |
| Step | Browerville | $1.9m |
| Residential Support Service of Wake County Inc | Raleigh | $1.9m |
| Greater Valley Community Services Inc | Braddock | $1.9m |