Embrace Living Development

Analysis

Embrace Living Development is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Living Development reported income of $14.3m and spending of $302k, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $14.3m (+27744%), an average of +308% a year. The sharpest change came in the year to December 2021, when income rose by 30704%. Over the whole period it spent 0.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Embrace Living Development sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Broome Community College Foundation Inc ($14.2m), Helena Devereux Foundation ($14.3m) and University of South Florida Institute of Applied Engineering I ($14.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 49% of the total. At year end it held assets of $34.1m against liabilities of $1.2m, net assets of $32.9m.