Emerson College

Analysis

Emerson College is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1959, 67 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Emerson College reported income of $331.8m and spending of $319.0m, spending 96% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $264.1m to $331.8m (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emerson College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MA. Charities of a similar size with the same main cause include Aspire Public Schools ($327.0m), Xavier University ($332.2m) and University of Georgia Research Foundation Inc ($321.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.8m (0.6% of expenses). Other salaries and wages came to $93.0m. At year end it held assets of $1.14bn against liabilities of $592.0m, net assets of $550.8m. It reported 3,369 employees.