Empower Dance Foundation

Analysis

Empower Dance Foundation is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 2017, 9 years ago. 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, Empower Dance Foundation reported income of $130k and spending of $129k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $130k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empower Dance Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Lonsdale Fire Association Incorporated ($130k), Newnan Junior Service League Inc ($130k) and Best Year Yet Foundation ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. At year end it held assets of $4,860 against liabilities of $0, net assets of $4,860.