Empower Academy

Analysis

Empower Academy is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Empower Academy reported income of $96k and spending of $87k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $96k (+587%), an average of +587% a year. The sharpest change came in the year to December 2023, when income rose by 587%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Empower Academy sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Middle Country Sports Association Inc ($96k), Carmichael Girls Softball Organization Inc ($96k) and Homewood Athletic Foundation Inc ($96k).

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 $10k against liabilities of $0, net assets of $10k.