Encore Entertainment Inc

Analysis

Encore Entertainment Inc is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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 June 2024, Encore Entertainment Inc reported income of $280k and spending of $259k, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $406k to $280k (-31%), an average of -7.2% a year. The sharpest change came in the year to June 2021, when income dropped by 53%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Encore Entertainment Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NM. Charities of a similar size with the same main cause include San Luis Obispo County Bicycle Coalition ($280k), Building Blocks Academy ($280k) and The Jacksonville Public Schools Foundation ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $81k (31% of expenses). At year end it held assets of $442k against liabilities of $0, net assets of $442k. It reported 3 employees.