Embrace Services Inc

Analysis

Embrace Services Inc is a registered charity in United States, based in Ladysmith, WI. It received its IRS tax-exemption ruling in June 1981, 45 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 December 2023, Embrace Services Inc reported income of $1.7m and spending of $1.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Better Angels United Inc ($1.7m), Shults-Lewis Child and Family Services Inc ($1.7m) and Strong Hearted Native Womens Coalition Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $111k (7.5% of expenses). Other salaries and wages came to $760k. At year end it held assets of $1.2m against liabilities of $248k, net assets of $974k. It reported 33 employees.