Township Seven Ems Inc

Analysis

Township Seven Ems Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Township Seven Ems Inc reported income of $900k and spending of $829k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $667k to $900k (+35%), an average of +7.8% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Township Seven Ems Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Brooksville Engineering Science & Technology Inc ($899k), Global Business School Network ($900k) and Durango Education Center ($899k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $76k (9.2% of expenses). Other salaries and wages came to $455k. At year end it held assets of $811k against liabilities of $446k, net assets of $364k. It reported 17 employees.