The Emmaus Institute Inc

Analysis

The Emmaus Institute Inc is a registered charity in United States, based in Tewksbury, MA. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Emmaus Institute Inc reported income of $81k and spending of $158k, spending 194% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $210k to $81k (-61%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Emmaus Institute Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Pine Mountain Music Festival Inc ($81k), Prairie Music Association ($81k) and Abilene Preservation League ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. At year end it held assets of $85k against liabilities of $163k, net assets of -$78k.