Endeavor Nwa Entrepreneurs

Analysis

Endeavor Nwa Entrepreneurs is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Endeavor Nwa Entrepreneurs reported income of $577k and spending of $628k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $577k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Endeavor Nwa Entrepreneurs sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within AR. Charities of a similar size with the same main cause include Economic Alliance Foundation ($577k), Doing Development Differently in Metro Detroit ($577k) and Reach Out First Inc ($576k).

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 $158k (25% of expenses). Other salaries and wages came to $247k. At year end it held assets of $22k against liabilities of $50k, net assets of -$28k. It reported 3 employees.

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.