Emerson Foundation

Analysis

Emerson Foundation is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Emerson Foundation reported income of $1.9m and spending of $1.6m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.9m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emerson Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Latino Community Center ($1.9m), Phoenix Service Corporation ($1.9m) and Sparkhope Automotive ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $146k (9.2% of expenses). Other salaries and wages came to $860k. At year end it held assets of $677k against liabilities of $165k, net assets of $512k. It reported 43 employees.