Network for Empowerment & Progressive Initiatives - Nepi Inc

Analysis

Network for Empowerment & Progressive Initiatives - Nepi Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Network for Empowerment & Progressive Initiatives - Nepi Inc reported income of $785k and spending of $1.1m, spending 142% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $54k to $785k (+1363%), an average of +283% a year. The sharpest change came in the year to December 2022, when income rose by 1402%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Network for Empowerment & Progressive Initiatives - Nepi Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include The Americas Association for the Care of Children ($784k), Alabama International Education & Economic Partnership ($785k) and Middle Eastern Immigrant and Refugee Alliance ($783k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (8.2% of expenses). At year end it held assets of $268k against liabilities of $0, net assets of $268k. It reported 1 employees.