Embrace Waiting Children Inc

Analysis

Embrace Waiting Children Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in June 2010, 16 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, Embrace Waiting Children Inc reported income of $576k and spending of $537k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $576k (+117%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace Waiting Children Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Let There Be Mom Inc ($576k), Operation Motorsport Program Foundation Inc ($576k) and Mariatu S Hope Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $84k (16% of expenses). Other salaries and wages came to $210k. At year end it held assets of $1.4m against liabilities of $640k, net assets of $773k. It reported 6 employees.