Center for Empowerment Initiatives

Analysis

Center for Empowerment Initiatives is a registered charity in United States, based in Philadelphia, PA. 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 (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 Empowerment Initiatives reported income of $114k and spending of $114k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $114k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Empowerment Initiatives sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Finsocial Foundation Corp ($114k), Silicon Valley Leadership ($114k) and Roanoke Foundation for Downtown Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $652 against liabilities of $0, net assets of $652.