Emahot Foundation Inc

Analysis

Emahot Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2020, 6 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, Emahot Foundation Inc reported income of $660k and spending of $749k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $234k to $660k (+183%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emahot Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Family YMCA of Fayette County ($660k), Little Panther Daycare ($660k) and Foodshot Global Inc ($660k).

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 $334k against liabilities of $0, net assets of $334k.