Emages Inc

Analysis

Emages Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Emages Inc reported income of $564k and spending of $506k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $564k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2023, when income rose by 35%. 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, Emages Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Jeffersontown Area Ministries Inc ($564k), Partners Ending Homelessness ($564k) and Winneshiek County Agricultural Association ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (12% of expenses). Other salaries and wages came to $137k. At year end it held assets of $238k against liabilities of $97k, net assets of $140k. It reported 10 employees.