Emmanuel Covenant Community Development Corporation

Analysis

Emmanuel Covenant Community Development Corporation is a registered charity in United States, based in Jacksonville, AR. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Emmanuel Covenant Community Development Corporation reported income of $387k and spending of $413k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $463k to $387k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Emmanuel Covenant Community Development Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within AR. Charities of a similar size with the same main cause include Fall Creek Leadership Foundation Inc ($386k), San Ramon Valley Education Foundation ($387k) and Coastal Emc Foundation Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $212k. At year end it held assets of $323k against liabilities of $1,294, net assets of $322k. It reported 9 employees.