Small Business Empowerment Fund Cdfi

Analysis

Small Business Empowerment Fund Cdfi is a registered charity in United States, based in Wildwood, MO. It received its IRS tax-exemption ruling in December 2022, 4 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, Small Business Empowerment Fund Cdfi reported income of $127k and spending of $510, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $127k (+1.2%), an average of +1.2% a year. Over the whole period it spent 0.4% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Small Business Empowerment Fund Cdfi sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MO. Charities of a similar size with the same main cause include Georgia Supportive Housing Association Inc ($127k), National Coalition of 100 Black Women Inc Metropolitan Baton Rouge ($127k) and Genesis Group Vision to Reality Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $251k against liabilities of $463, net assets of $251k.