Emmanuel Communities Inc

Analysis

Emmanuel Communities Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in November 2018, 8 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 June 2023, Emmanuel Communities Inc reported income of $663k and spending of $370k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $630k to $663k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 65% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Emmanuel Communities Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Sior Foundation ($663k), Huntington County United Economic Development Corporation ($663k) and Near West Side Initiative Inc ($663k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.9m against liabilities of $14k, net assets of $1.9m.