Eremos Inc

Analysis

Eremos Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Eremos Inc reported income of $96k and spending of $107k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $96k (-10%), an average of -10% a year. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Eremos Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Hopeshines Ministry ($96k), Richard B Peoples Sr Ministries Inc ($96k) and Freddy Clarks Old Fashion Revivals Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 31% of the total. At year end it held assets of $57k against liabilities of $1,404, net assets of $56k.