Embe

Analysis

Embe is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in August 1942, 84 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 December 2023, Embe reported income of $9.5m and spending of $10.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $9.5m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Embe sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Avondale Education Association Inc ($9.5m), Wenonah Park Properties Inc ($9.5m) and The Southport School Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $310k (3.1% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $8.6m against liabilities of $5.0m, net assets of $3.6m. It reported 452 employees.