The Empowerment Community Development Corporation Inc

Analysis

The Empowerment Community Development Corporation Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The Empowerment Community Development Corporation Inc reported income of $148k and spending of $100k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $22k to $148k (+584%), an average of +162% a year. The sharpest change came in the year to December 2022, when income rose by 195%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Empowerment Community Development Corporation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Country Life Kids Camp Inc ($148k), New Vision Urban Impact ($148k) and Enlightened Mentor Corporation ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $344k against liabilities of $17k, net assets of $327k.