Emerge Fellowship

Analysis

Emerge Fellowship is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Emerge Fellowship reported income of $6.9m and spending of $5.7m, spending 83% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.9m to $6.9m (+138%), an average of +24% a year. The sharpest change came in the year to July 2020, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emerge Fellowship sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Urban College of Boston a Two Year College Inc ($6.9m), Legacy Traditional School-Goodyear ($6.9m) and Foundation for Excellence at Woodland Christian Schools ($6.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $216k (3.8% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $6.0m against liabilities of $199k, net assets of $5.8m. It reported 57 employees.