Employee Emergency Fund

Analysis

Employee Emergency Fund is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Employee Emergency Fund reported income of $390k and spending of $260k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $358k to $390k (+8.9%), an average of +8.9% a year. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Employee Emergency Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Senior Citizens Council of Rome New York Inc ($390k), Almost Home Behavioral Health Ministries Corporation ($390k) and Marquette County Fair ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.