Empowered to Connect Inc
Analysis
Empowered to Connect Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Empowered to Connect Inc reported income of $1.9m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $551k to $1.9m (+239%), an average of +36% a year. The sharpest change came in the year to September 2021, when income rose by 79%. Over the whole period it spent 94% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Empowered to Connect Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Americus Hose Co ($1.9m), Pamlico County Rescue Squad Inc ($1.9m) and Healthy Americas Foundation ($1.9m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $131k (8.1% of expenses). Other salaries and wages came to $886k. At year end it held assets of $571k against liabilities of $174k, net assets of $397k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 35%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Americus Hose Co | Sunbury | $1.9m |
| Pamlico County Rescue Squad Inc | Bayboro | $1.9m |
| Healthy Americas Foundation | Washington | $1.9m |
| Mendcenter Foundation | Houston | $1.9m |