Public Charity

THE ENTERPRISE CENTER

Based in PHILADELPHIA, PA, THE ENTERPRISE CENTER operates as a Public Charity. The organization reported $5.1M in revenue, $5.2M in expenses, $18.8M in total assets for fiscal year 2025. Imperigo tracks 25 reported grant relationships connected to this organization totaling approximately $1.0M.

EIN: 232575901 PHILADELPHIA, PA Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$5.1M
Total Expenses$5.2M
Total Assets$18.8M
Grant Records25
Funding Total$1.0M
Filing Years2021–2025

Mission

THE ENTERPRISE CENTER'S MISSION IS TO CULTIVATE AND INVEST IN MINORITY ENTREPRENEURS TO INSPIRE WORKING TOGETHER FOR ECONOMIC GROWTH IN COMMUNITIES.

Where $100 goes at The Enterprise Center

How The Enterprise Center divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$74 Programs the work itself
$24 Management running the organization
$2 Fundraising raising the next dollar

Inside the $74 for programs

$74
Provided business support services to low wealth entreprenuers supported the economic development of the surrounding community
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
1 grant(s) for varying purposes
$100,000
2024
GENERAL OPERATIONS OF THE ORGANIZATION
$40,000
2024
GENERAL OPERATING SUPPORT
$30,000
2023
GENERAL OPERATING SUPPORT
$60,000
2023
TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION
$50,000

Showing up to 5 of 25 total records — full history available with membership.

Officers & Directors

DIRECTOR Alima Redding
DIRECTOR Andrew Cherry
DIRECTOR Charles Hopkins
DIRECTOR Dan Kaufman
DIRECTOR Darnell Thomas
PRESIDENT Della Clark

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$647,400 15 grants
Economic Development
$223,000 3 grants
Education
$42,000 1 grant
Unspecified
$120,804 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.1M $5.2M $18.8M
2024 $6.3M $5.5M $18.8M
2023 $5.2M $4.7M $18.2M
2022 $6.4M $4.0M $21.0M
2021 $14.3M $4.7M $14.8M

Between 2021 and 2025, reported annual revenue declined from $14.3M to $5.1M (-64%), with total assets most recently reported at $18.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE ENTERPRISE CENTER

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