Entrepreneurship Award Corp

Analysis

Entrepreneurship Award Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Entrepreneurship Award Corp reported income of $265k and spending of $413k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $469k to $265k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 133% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Entrepreneurship Award Corp sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Frazee Center ($265k), Ohio Foot and Ankle Medical Foundation Inc ($265k) and Warren-Walker Parents Foundation ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $163k (40% of expenses). At year end it held assets of $403k against liabilities of $472k, net assets of -$69k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.