Emmaus Bible College

Analysis

Emmaus Bible College is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in October 1947, 79 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Emmaus Bible College reported income of $8.9m and spending of $8.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $8.9m (+15%), an average of +3.6% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emmaus Bible College sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Jewish Federation of Greater Long Beach and West Orange County ($8.9m), East Hill Family Medical Inc ($8.9m) and Bill of Rights Institute ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $544k (6.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $12.7m against liabilities of $1.6m, net assets of $11.0m. It reported 265 employees.