Habersham Emc Foundation Inc

Analysis

Habersham Emc Foundation Inc is a registered charity in United States, based in Clarkesville, GA. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Habersham Emc Foundation Inc reported income of $140k and spending of $104k, leaving 26% of income unspent that year. Across the 2 years on record, from April 2022 to April 2023, income grew from $59k to $140k (+136%), an average of +136% a year. The sharpest change came in the year to April 2023, when income rose by 136%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Habersham Emc Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Chevy Chase at Home ($140k), Parkside Manor Inc ($140k) and Valley Villa Inc ($140k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.