Center for Micro-Entrepreneurial Training Inc

Analysis

Center for Micro-Entrepreneurial Training Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2020, 6 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, Center for Micro-Entrepreneurial Training Inc reported income of $54k and spending of $76k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $54k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Micro-Entrepreneurial Training Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($54k), Good Shepherd Foundation Inc ($54k) and Oahu House Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.6% of the total. At year end it held assets of $1,829 against liabilities of $481, net assets of $1,348.