E3 Educate-Empower-Elevate

Analysis

E3 Educate-Empower-Elevate is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, E3 Educate-Empower-Elevate reported income of $439k and spending of $503k, spending 114% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $514k to $439k (-15%), an average of -15% a year. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, E3 Educate-Empower-Elevate sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Rural Education Action Project ($439k), Azalea City Montessori Cooperative ($439k) and Iowa Asian Alliance Foundation ($439k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (9.3% of expenses). Other salaries and wages came to $187k. At year end it held assets of $345k against liabilities of $1,243, net assets of $343k. It reported 2 employees.