Emerging Stars II Inc

Analysis

Emerging Stars II Inc is a registered charity in United States, based in Bayside, NY. It received its IRS tax-exemption ruling in October 2021, 5 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, Emerging Stars II Inc reported income of $152k and spending of $197k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $152k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emerging Stars II Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Flint Innovative Solutions ($152k), Rumson Fair Haven Youth Football Inc ($152k) and Poor Clares Perpetual Adoration Foundation of Cleveland Ohio ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $22k against liabilities of $17k, net assets of $5,824.