Emotions in Harmony Inc

Analysis

Emotions in Harmony Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. 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, Emotions in Harmony Inc reported income of $223k and spending of $218k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $86k to $223k (+161%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emotions in Harmony Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Wythe County Historical Society ($223k), Harney Hospital Foundation ($223k) and Loft School of Marion Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (26% of expenses). Other salaries and wages came to $85k. At year end it held assets of $41k against liabilities of $10k, net assets of $31k. It reported 2 employees.