Economic Development and Empowerment Through Mentoring

Analysis

Economic Development and Empowerment Through Mentoring is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Economic Development and Empowerment Through Mentoring reported income of $171k and spending of $176k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $171k (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Economic Development and Empowerment Through Mentoring sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Ezekiel 37 Medical Ministry Inc ($171k), Concerned Citizens for Nuclear Safety ($171k) and Bridges of Hope ($171k).

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 $95 against liabilities of $0, net assets of $95.