Emmaus Inc

Analysis

Emmaus Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in May 1986, 40 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 June 2024, Emmaus Inc reported income of $10.5m and spending of $9.9m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.2m to $10.5m (+28%), an average of +6.4% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emmaus Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Southeast NM Community Action Corporation ($10.5m), United Food Force Inc ($10.5m) and Massachusetts Wonderfund Inc ($10.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $726k (7.3% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $10.4m against liabilities of $2.6m, net assets of $7.9m. It reported 63 employees.