Center for Entrepreneurial Studies

Analysis

Center for Entrepreneurial Studies is a registered charity in United States, based in Farmington, ME. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Entrepreneurial Studies reported income of $233k and spending of $191k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $157k to $233k (+49%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Entrepreneurial Studies sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 50th percentile within ME. Charities of a similar size with the same main cause include Riverside Mission ($233k), Bereisheet Inc ($234k) and Adams Public Library ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $37k. At year end it held assets of $149k against liabilities of $212k, net assets of -$64k. It reported 9 employees.