New Horizon Emmaus Community Inc

Analysis

New Horizon Emmaus Community Inc is a registered charity in United States, based in Amherst, TX. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, New Horizon Emmaus Community Inc reported income of $377k and spending of $309k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $377k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Horizon Emmaus Community Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Allen County Fort Wayne Development Trust Inc ($377k), Black Eagle Civic Club ($377k) and Camp Anderson Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $109k. At year end it held assets of $599k against liabilities of $0, net assets of $599k. It reported 7 employees.