Embrace Inc

Analysis

Embrace Inc is a registered charity in United States, based in Roswell, NM. It received its IRS tax-exemption ruling in May 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 June 2024, Embrace Inc reported income of $137k and spending of $150k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $174k to $137k (-21%), an average of -7.7% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within NM. Charities of a similar size with the same main cause include Project Third Day NFP ($137k), Not in Good Taste Inc ($137k) and Sajjadiyya Foundation Limited ($137k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $134k (90% of expenses). At year end it held assets of $178k against liabilities of $0, net assets of $178k.