Emmaus Institute for Biblical Studies
Analysis
Emmaus Institute for Biblical Studies is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Emmaus Institute for Biblical Studies reported income of $296k and spending of $307k, spending 103% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $249k to $296k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 338%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Emmaus Institute for Biblical Studies 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 61st percentile, and in the 60th percentile within NE. Charities of a similar size with the same main cause include Soto Zen Buddhism International Center ($296k), Vedagita Center Inc ($296k) and Philippi Freedom Ministry ($296k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $87k (29% of expenses). Other salaries and wages came to $133k. At year end it held assets of $73k against liabilities of $7,408, net assets of $65k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Soto Zen Buddhism International Center | San Francisco | $296k |
| Vedagita Center Inc | Collegeville | $296k |
| Philippi Freedom Ministry | Chesterfield | $296k |
| Huyen Trang Buddhist Temple | New Caney | $297k |