Embrella Inc

Analysis

Embrella Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in May 1981, 45 years ago. 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, Embrella Inc reported income of $5.1m and spending of $4.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.1m (+19%), an average of +4.4% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Embrella Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Gretna Economic Development Association Limited ($5.1m), Meals on Wheels of Wake County Inc ($5.1m) and Youthvantage Alliance ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $135k (2.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.5m against liabilities of $995k, net assets of $1.5m. It reported 45 employees.