Emancipate NC Inc

Analysis

Emancipate NC Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Emancipate NC Inc reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $1.1m (+740%), an average of +70% a year. The sharpest change came in the year to December 2020, when income rose by 733%. Over the whole period it spent 65% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Emancipate NC Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Putnam County Family Support Services Inc ($1.1m), Louisiana Client Assistance Foundation ($1.1m) and Child Abuse Prevention Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $122k (10% of expenses). Other salaries and wages came to $557k. At year end it held assets of $1.7m against liabilities of $1,475, net assets of $1.7m. It reported 10 employees.