Community Empowerment Project

Analysis

Community Empowerment Project is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, 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, Community Empowerment Project reported income of $183k and spending of $206k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $183k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Empowerment Project sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 46th percentile within DE. Charities of a similar size with the same main cause include Hispanic Chamber of Commerce of Orange County Education Foundation ($183k), Real Estate Research Institute ($183k) and Roofers Local Union 241 Joint Apprenticeship Trust Fund ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,043 against liabilities of $0, net assets of $2,043.