Enterprise for Equity

Analysis

Enterprise for Equity is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. 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 August 2023, Enterprise for Equity reported income of $451k and spending of $333k, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $150k to $451k (+200%), an average of +32% a year. The sharpest change came in the year to August 2020, when income rose by 104%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Enterprise for Equity sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Boulder City Hospital Foundation ($451k), American Chemical Society ($451k) and South Texas Youth Soccer Association ($451k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $185k. At year end it held assets of $262k against liabilities of $127k, net assets of $135k. It reported 7 employees.