Emerging Scholars Program Inc

Analysis

Emerging Scholars Program Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Emerging Scholars Program Inc reported income of $338k and spending of $353k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $338k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emerging Scholars Program Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Washington Central Friends of Education Inc ($338k), Friends of Utokyo Inc ($338k) and St Louis Modern Chinese School ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $149k. At year end it held assets of $59k against liabilities of $41k, net assets of $18k. It reported 12 employees.