Entrepreneurs Across Borders Inc

Analysis

Entrepreneurs Across Borders Inc is a registered charity in United States, based in Little Falls, NY. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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, Entrepreneurs Across Borders Inc reported income of $155k and spending of $290k, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $155k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income rose by 390%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Entrepreneurs Across Borders Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include The Springdale Rotary Charitable Foundation Trust ($155k), Talkeetna Historical Society ($155k) and Little League Baseball Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 11% of the total. At year end it held assets of $606k against liabilities of $144k, net assets of $463k.

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.