Emmanuel College

Analysis

Emmanuel College is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1946, 80 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, Emmanuel College reported income of $120.9m and spending of $130.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $119.4m to $120.9m (+1.3%), an average of +0.3% a year. 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, Emmanuel College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Wagner College ($120.3m), St Ambrose University ($120.9m) and College of St Benedict Business Off ($118.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $257k (0.2% of expenses). Other salaries and wages came to $30.7m. It paid $206k in professional fundraising fees. At year end it held assets of $440.5m against liabilities of $285.3m, net assets of $155.3m. It reported 1,563 employees.