Emmanuel Academies Inc

Analysis

Emmanuel Academies Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover employment, 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 Academies Inc reported income of $229k and spending of $366k, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $458k to $229k (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 112% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Emmanuel Academies Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Historic Portland Public Market Foundation ($229k), Carolina Commerce & Technology Center Inc ($229k) and Kiwanis Club of Danville Foundation ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.3% of the total. At year end it held assets of $125k against liabilities of $10k, net assets of $115k.