Engera Inc

Analysis

Engera Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Engera Inc reported income of $160k and spending of $144k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $160k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Engera Inc 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 49th percentile, and in the 53rd percentile within NV. Charities of a similar size with the same main cause include Food for Thought Toledo Inc ($160k), MRCS V Inc ($160k) and Do Good Mission ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.