Emad Foundation

Analysis

Emad Foundation is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Emad Foundation reported income of $119k and spending of $201k, spending 170% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $374k to $119k (-68%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emad Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Immacolata Manor Homes Inc ($119k), Missouri Association for Adult Continuing and Community Education ($119k) and Pwa Holiday Charities ($119k).

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 $162k against liabilities of $0, net assets of $162k.