Emmanuel Center Inc

Analysis

Emmanuel Center Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Emmanuel Center Inc reported income of $628k and spending of $590k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $668k to $628k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Emmanuel Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include The Sowers Ministry ($628k), Columbia Presbyterian Church Foundation ($628k) and Sonlight Adventures Inc ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). Other salaries and wages came to $137k. At year end it held assets of $2.1m against liabilities of $55k, net assets of $2.0m. It reported 22 employees.