Emmanuel Senior Enrichment Center Inc

Analysis

Emmanuel Senior Enrichment Center Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Emmanuel Senior Enrichment Center Inc reported income of $479k and spending of $562k, spending 117% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $344k to $479k (+39%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emmanuel Senior Enrichment Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Choices for Children Day School ($479k), V a Kids Center Inc ($479k) and Fvca Thrift Inc ($479k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.6% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $104k (18% of expenses). Other salaries and wages came to $100k. At year end it held assets of $20k against liabilities of $43k, net assets of -$24k. It reported 9 employees.