Golden Spread Emmaus Community

Analysis

Golden Spread Emmaus Community is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golden Spread Emmaus Community reported income of $86k and spending of $88k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $86k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 277%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Golden Spread Emmaus Community sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Hearts Desire Ministries Inc ($86k), St Georges Choral Society Since 1817 ($86k) and Duc Phuoc Temple-Chua Duc Phuoc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 95% of the total. At year end it held assets of $58k against liabilities of $31k, net assets of $26k.