Asociacion de Emprendedores

Analysis

Asociacion de Emprendedores is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in April 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asociacion de Emprendedores reported income of $250k and spending of $250k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $213k to $250k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. 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, Asociacion de Emprendedores sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Butte Falls Community School Partnership ($249k), Keep Durham Beautiful Inc ($250k) and Working for Women Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $79k (32% of expenses). At year end it held assets of $57k against liabilities of $7,273, net assets of $49k. It reported 5 employees.