Empac Industrial Resources Inc
Analysis
Empac Industrial Resources Inc is a registered charity in United States, based in Sullivan, MO. It received its IRS tax-exemption ruling in May 2014, 12 years ago. 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 June 2024, Empac Industrial Resources Inc reported income of $5.0m and spending of $4.4m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.8m to $5.0m (+32%), an average of +7.2% a year. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empac Industrial Resources Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Mer Rouge Community Services Inc ($5.0m), Women Helping Women ($5.0m) and Boy Scouts of America ($5.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.9m against liabilities of $291k, net assets of $2.6m. It reported 180 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 75%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mer Rouge Community Services Inc | Mer Rouge | $5.0m |
| Women Helping Women | Cincinnati | $5.0m |
| Boy Scouts of America | San Antonio | $5.0m |
| Sheet Metal WRKRS Local Union No 17 Joint Apprntc & Training Trust FND | Dorchester | $5.0m |