I Am Empowering the Next Generation Inc

Analysis

I Am Empowering the Next Generation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in October 2017, 9 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 (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, I Am Empowering the Next Generation Inc reported income of $212k and spending of $221k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $203k to $212k (+4.3%), an average of +4.3% a year. Over the whole period it spent 108% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, I Am Empowering the Next Generation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Wood County Fair Foundation ($212k), Hesse Foundation ($212k) and Lakeview Boosters Club of New Orleans ($212k).

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 $188k (85% of expenses). At year end it held assets of $20k against liabilities of $0, net assets of $20k. It reported 15 employees.