Emmanuel University Inc
Analysis
Emmanuel University Inc is a registered charity in United States, based in Franklin SPGS, GA. It received its IRS tax-exemption ruling in October 1964, 62 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, Emmanuel University Inc reported income of $28.9m and spending of $28.6m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $24.5m to $28.9m (+18%), an average of +4.2% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Emmanuel University Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within GA. Charities of a similar size with the same main cause include Imagine Schools Riverside County ($28.9m), Einstein Group ($28.9m) and The University Corporation San Francisco State ($28.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $107k (0.4% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $35.8m against liabilities of $9.7m, net assets of $26.2m. It reported 433 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 81%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Imagine Schools Riverside County | Coachella | $28.9m |
| Einstein Group | New Orleans | $28.9m |
| The University Corporation San Francisco State | San Francisco | $28.9m |
| Bastyr University | Kenmore | $29.0m |