Empowered

Analysis

Empowered is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Empowered reported income of $116k and spending of $88k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $112k to $116k (+3.5%), an average of +3.5% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Empowered sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within SD. Charities of a similar size with the same main cause include Northridge Athletic Boosters of Licking County Ohio Inc ($116k), Ms 839 Parent-Teacher Association ($116k) and Millard West Marching Band Boosters ($116k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. At year end it held assets of $54k against liabilities of $24k, net assets of $29k.