Empower Generations

Analysis

Empower Generations is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in July 2019, 7 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 June 2023, Empower Generations reported income of $1.4m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $879k to $1.4m (+54%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Empower Generations sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Unite Here Chicago Hospitality Apprenticeship Fund ($1.4m), Montessori School of Bowling Green ($1.4m) and Simpson County Library District ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $90k (5.7% of expenses). Other salaries and wages came to $503k. At year end it held assets of $1.9m against liabilities of $1.7m, net assets of $196k. It reported 23 employees.