Empac Group Inc

Analysis

Empac Group 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. Its declared purposes cover employment, which this site groups under community and economic development. 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 Group Inc reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $2.9m (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Empac Group Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Hyattsville Community Development Corporation ($2.9m), Grow Hays ($2.9m) and Kansas Manufacturing Solutions Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $4.5m against liabilities of $323k, net assets of $4.2m. It reported 54 employees.