Ifs Empowerment Center

Analysis

Ifs Empowerment Center is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Ifs Empowerment Center reported income of $172k and spending of $209k, spending 122% of what it took in. Across the 6 years on record, from December 2018 to September 2023, income grew from $14k to $172k (+1156%), an average of +66% a year. The sharpest change came in the year to September 2019, when income rose by 400%. Over the whole period it spent 529% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ifs Empowerment Center sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Partners in Nutrition ($172k), Denison Helping Hands ($172k) and Indian Doctors Association of Houston ($172k).

At year end it held assets of $10.9m against liabilities of $11.5m, net assets of -$581k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.