Emereau Foundation

Analysis

Emereau Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Emereau Foundation reported income of $7.3m and spending of $6.3m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.3m to $7.3m (+71%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emereau Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Brunswick Waldorf School Association ($7.3m), Urban Choice Charter School ($7.3m) and Dekalb Path Academy Inc ($7.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $16.6m against liabilities of $10.9m, net assets of $5.6m. It reported 87 employees.