Empower the Village Inc

Analysis

Empower the Village Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 the Village Inc reported income of $450k and spending of $499k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $473k to $450k (-4.7%), an average of -2.4% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empower the Village Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Amiina Ministries - Uganda ($450k), Murphy Mentoring Group ($451k) and Ineos Ican Foundation ($450k).

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 $152k (30% of expenses). Other salaries and wages came to $39k. At year end it held assets of $189k against liabilities of $24k, net assets of $166k. It reported 4 employees.