Experience Now Inc

Analysis

Experience Now Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Experience Now Inc reported income of $256k and spending of $385k, spending 150% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $256k (+31%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Experience Now Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Ace Monster Toys ($256k), River Valley Community Outreach Center ($257k) and Life After Uncivil Ruthless Acts Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). Other salaries and wages came to $9,720. At year end it held assets of $58k against liabilities of $20k, net assets of $38k. It reported 3 employees.