Emmaus House of Saginaw Inc

Analysis

Emmaus House of Saginaw Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Emmaus House of Saginaw Inc reported income of $291k and spending of $302k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $256k to $291k (+14%), an average of +3.2% a year. The sharpest change came in the year to August 2020, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Emmaus House of Saginaw Inc 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 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Edison Terrace West ($291k), Housing Development Corporation of SW Florida Inc ($291k) and Oneonta Small Family Housing Development Fund Company Inc ($291k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $69k (23% of expenses). Other salaries and wages came to $85k. At year end it held assets of $641k against liabilities of $2,677, net assets of $639k. It reported 3 employees.