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Emin Way Inc

RegisteredEIN 27-1193670Decatur, TNReligion
Income$386k2023-12
Spending$328ksame year
Spent / received85%5-year average
Size in its cause79th pctReligion
Exempt since2011Publicly supported organisat
Employees0latest return

Analysis

Emin Way Inc is a registered charity in United States, based in Decatur, TN. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Emin Way Inc reported income of $386k and spending of $328k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $386k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Emin Way Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Friends of Seeach Sode Inc ($386k), The Mission of Cor Jesu ($386k) and Line Upon Line Ministries ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $377k against liabilities of $1,127, net assets of $376k.

Income and spending

$0$111k$222k$333k$444k2019 Income: $272,4152019 Spending: $275,71420192020 Income: $443,8002020 Spending: $329,96020202021 Income: $351,4022021 Spending: $294,65520212022 Income: $402,3382022 Spending: $349,53120222023 Income: $385,8812023 Spending: $328,0262023
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 57%

Similar-sized charities, same cause

CharityLocationIncome
Friends of Seeach Sode IncLakewood$386k
The Mission of Cor JesuWoodstock$386k
Line Upon Line MinistriesHeber Springs$386k
Jacksonville Community Kollel IncJacksonville$386k