Embracing Our Differences Inc

Analysis

Embracing Our Differences Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in November 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Embracing Our Differences Inc reported income of $1.6m and spending of $1.2m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $958k to $1.6m (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Embracing Our Differences Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Population Communication ($1.6m), Greater Pittsburgh Arts Council ($1.6m) and Museum of the Cherokee Indian ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 2.3% of the total. Other salaries and wages came to $540k. At year end it held assets of $1.6m against liabilities of $6,188, net assets of $1.6m. It reported 7 employees.