Empowers Africa Inc is a 501(c)(3) organization based in New York, New York, registered in 2013, with $6,690,346 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$6.7M
▼ 26.9% vs prior year
International median: $227K
Expenses (FY2024)
$8.0M
Net assets
$159K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Empowers Africa Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Empowers Africa Inc: 0 mo reserves · -19% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Empowers Africa Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Empowers Africa Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $259K (FY2014) to $6.7M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-19.1%
Spent more than it raised in the latest fiscal year.
Total assets
$954K
Total liabilities
$795K
Net assets
$159K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,690,346▼26.9% | $7,968,176▲2.6% | $158,676▼89.0% | $953,582▼50.8% | 990 |
| 2023 | $9,150,860▲433% | $7,762,765▲241% | $1,436,506▲2867% | $1,936,504▲327% | 990 |
| 2022 | $1,716,127▼42.3% | $2,275,214▼6.2% | $48,411▼92.0% | $453,599▼43.0% | 990 |
| 2021 | $2,974,462▲55.5% | $2,425,948▲24.4% | $607,498▲930% | $795,617▲182% | 990 |
| 2020 | $1,912,750▼56.5% | $1,950,648▼39.8% | $58,984▼94.9% | $282,142▼81.5% | 990 |
| 2019 | $4,396,862▲162% | $3,238,216▲92.3% | $1,156,882▲65683% | $1,524,777▲126% | 990 |
| 2018 | $1,680,745▲74.6% | $1,684,180▲66.0% | -$1,764▼206% | $673,305▲262% | 990 |
| 2017 | $962,710▲45.8% | $1,014,309▲61.9% | $1,671▼96.9% | $185,922▲141% | 990 |
| 2016 | $660,296▲123% | $626,591▲116% | $53,270▲172% | $77,270▲103% | 990 |
| 2015 | $296,612▲14.5% | $289,681▲12.4% | $19,565▲54.9% | $37,990▲9.7% | 990 |
| 2014 | $259,049 | $257,645 | $12,634 | $34,643 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
64 grants to Empowers Africa Inc totaling $3.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $35,000 |
| The Bessemer Giving Fund | General support | 2024 | $30,000 |
| Impactassets Inc | General support | 2024 | $30,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $16,250 |
| American Endowment Foundation | International | 2024 | $7,750 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,200 |
| National Philanthropic Tr | International | 2023 | $212,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $210,050 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $154,500 |
| Donor Advised Charitable Giving | International, foreign affairs | 2023 | $64,040 |
| The Bessemer Giving Fund | Scholarship fund | 2023 | $10,000 |
| National Philanthropic Tr | International | 2022 | $638,147 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $117,740 |
| Donor Advised Charitable Giving | International, foreign affairs | 2022 | $33,655 |
| Robert R Mccormick Foundation | Matching gift | 2022 | $25,000 |
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Data for Empowers Africa Inc (EIN 32-0403737) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.