Emerging Pearls Foundation

Analysis

Emerging Pearls Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Emerging Pearls Foundation reported income of $112k and spending of $104k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $54k to $112k (+109%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Emerging Pearls Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Seacoast Soul Models ($112k), Happiness Club ($112k) and Tech Journey Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $165k against liabilities of $30k, net assets of $135k.