Embrace Delaware Inc

Analysis

Embrace Delaware Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in March 2012, 14 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 Delaware Inc reported income of $213k and spending of $189k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $213k (+12%), an average of +12% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace Delaware Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 50th percentile within DE. Charities of a similar size with the same main cause include Central Georgia Emc Foundation Inc ($213k), Foster the Love Louisiana Inc ($213k) and Calvary Family Center Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $46k (25% of expenses). Other salaries and wages came to $55k. At year end it held assets of $54k against liabilities of $2,346, net assets of $52k. It reported 12 employees.