Educate Elevate Empower Inc

Analysis

Educate Elevate Empower Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in December 2021, 5 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 2023, Educate Elevate Empower Inc reported income of $55k and spending of $58k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $55k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educate Elevate Empower Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Paschal Enrichment Foundation ($55k), Project Color Corps ($55k) and Lone Mountain PTO ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,812 against liabilities of $0, net assets of $3,812.