Entrepreneur Educational Center

Analysis

Entrepreneur Educational Center is a registered charity in United States, based in Gardena, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Entrepreneur Educational Center reported income of $5.4m and spending of $594k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $5.4m (+4750%), an average of +164% a year. The sharpest change came in the year to December 2023, when income rose by 4312%. Over the whole period it spent 19% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Entrepreneur Educational Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include The Kiwanis Club of Carefree Benefit Foundation Inc ($5.4m), Project Genesis Incorporated ($5.4m) and Olana Partnership ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $110k (18% of expenses). At year end it held assets of $4.8m against liabilities of $46k, net assets of $4.8m. It reported 5 employees.