Emerge Ministries

Analysis

Emerge Ministries is a registered charity in United States, based in Beulaville, NC. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Emerge Ministries reported income of $74k and spending of $208k, spending 280% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $540k to $74k (-86%), an average of -86% a year. The sharpest change came in the year to December 2023, when income dropped by 86%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Emerge Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Sunrise Evangelical Church ($74k), Crossroads of Caring Inc ($74k) and Trinity Lutheran Church Endowment Foundation Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $75k. At year end it held assets of $454k against liabilities of $2,971, net assets of $451k. It reported 4 employees.