Overview

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Est.

1989

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Enterprise Center is a nonprofit organization dedicated to urban development and entrepreneurship, with a mission to cultivate and invest in minority entrepreneurs to foster economic growth in communities. Operating with a budget of $5.5 million and generating total revenue of $6.3 million in 2024, the organization is supported by a diverse range of funders. For more information, visit their website at http://theenterprisecenter.com.

Mission Statement

THE ENTERPRISE CENTER'S MISSION IS TO CULTIVATE AND INVEST IN MINORITY ENTREPRENEURS TO INSPIRE WORKING TOGETHER FOR ECONOMIC GROWTH IN COMMUNITIES.
Revenues
$6.3M
Expenses
$5.5M
Net Income:
+$805.3K
Assets
$18.8M
Liabilities
$486.9K
Net Assets:
+$18.3M
Operating Budget
$5.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
6
Median grant size
$65K
Largest grant received
$250K
D
Della Clark
Board Member
I
Iola Harper
Board Member
A
Andrew Cherry
Board Member

Frequently Asked Questions

What is THE ENTERPRISE CENTER’s budget?
In 2024, THE ENTERPRISE CENTER reported an annual operating budget of around $5.5 million. More detailed financial information is available to registered users.
What causes does THE ENTERPRISE CENTER support?
THE ENTERPRISE CENTER supports work in Entrepreneurship and Urban development.
Where does THE ENTERPRISE CENTER operate?
THE ENTERPRISE CENTER is headquartered in PHILADELPHIA, PA.
Who funded THE ENTERPRISE CENTER recently?
In 2025, THE ENTERPRISE CENTER received grants from MISSOURI HOCKEY INC, FULTON FORWARD FOUNDATION, and JPMORGAN CHASE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE ENTERPRISE CENTER received in 2024?
The largest grant to THE ENTERPRISE CENTER in 2024 exceeds $250 thousand.
What is THE ENTERPRISE CENTER’s reliance on government grants?
THE ENTERPRISE CENTER relied on government grants for more than 30% of their total revenue in 2024.