Embroiderers Guild of America Inc

Analysis

Embroiderers Guild of America Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Embroiderers Guild of America Inc reported income of $1.5m and spending of $1.4m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Embroiderers Guild of America Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Latino Legislative Caucus Foundation ($1.5m), Indian American Muslim Council ($1.5m) and New Ballet Ensemble ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.