Emmanuel College

Analysis

Emmanuel College is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending July 2023, Emmanuel College reported income of $31.9m and spending of $24.9m, leaving 22% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $29.1m to $31.9m (+9.6%), an average of +2.3% a year. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emmanuel College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Lighthouse Academies of Northwest Indiana Inc ($31.9m), Magnolia Educational & Research Foundation ($32.0m) and Hope International University ($31.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 20% and program service revenue 47% of the total. Other salaries and wages came to $7.0m. At year end it held assets of $482.8m against liabilities of $45.5m, net assets of $437.3m.