Emerald Diamond International Inc

Analysis

Emerald Diamond International Inc is a registered charity in United States, based in Katonah, NY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Emerald Diamond International Inc reported income of $90k and spending of $97k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $90k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Emerald Diamond International Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Empowered Athletics Club ($90k), Harrison Wrestling Booster Club Inc ($90k) and Crown Point Swim Club Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $30k against liabilities of $36k, net assets of -$5,581.