Emerge Center Inc

Analysis

Emerge Center Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Emerge Center Inc reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.0m (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 209% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Emerge Center 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 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Bay Valley Foundation ($1.0m), Ohio Childrens Foundation ($1.0m) and Dismas Charities Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 115% of the total. Compensation of current officers, directors and key employees was $110k (10% of expenses). Other salaries and wages came to $212k. At year end it held assets of $2.0m against liabilities of $1.1m, net assets of $881k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.