Emberhope Inc

Analysis

Emberhope Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in April 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Emberhope Inc reported income of $13.7m and spending of $12.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.1m to $13.7m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emberhope Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include Port Resources ($13.7m), Methodist Home of Kentucky ($13.7m) and Crisis Center Inc ($13.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $758k (5.9% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $31.4m against liabilities of $1.7m, net assets of $29.7m. It reported 134 employees.