Empire Files Inc

Analysis

Empire Files Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Empire Files Inc reported income of $212k and spending of $244k, spending 115% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $179k to $212k (+18%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Empire Files Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Native Skywatchers Incorporated ($212k), Des Moines Gay Mens Chorus ($212k) and Clymer Foundation ($212k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $82k. At year end it held assets of $83k against liabilities of $0, net assets of $83k.