Emerald School of Excellence Inc

Analysis

Emerald School of Excellence Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Emerald School of Excellence Inc reported income of $847k and spending of $844k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $847k (+242%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emerald School of Excellence Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Step Forward Global Ministries Inc ($847k), Thorn Hill Education Center Foundation Inc ($847k) and Texarkana College Foundation Inc ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 34% of the total. Other salaries and wages came to $459k. At year end it held assets of $252k against liabilities of $150k, net assets of $102k. It reported 10 employees.