Emerson Health Care Foundation Inc

Analysis

Emerson Health Care Foundation Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Emerson Health Care Foundation Inc reported income of $4.6m and spending of $1.2m, leaving 74% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.6m (+48%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 164%. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Emerson Health Care Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Port Chester-Rye-Rye Brook Emergency Medical Services Inc ($4.6m), Arizona Alzheimers Research Center Inc ($4.6m) and Integriscript Inc ($4.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12.2m against liabilities of -$310k, net assets of $12.5m.