Emergent Works Inc

Analysis

Emergent Works Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2024, 2 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, Emergent Works Inc reported income of $2.4m and spending of $2.2m, spending 92% of its income. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Emergent Works Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Morningside Senior Living ($2.4m), Rochester Area Neighborhood House Inc ($2.4m) and Northwest Native Development Fund ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $216k (10.0% of expenses). Other salaries and wages came to $1.2m. It paid $14k in professional fundraising fees. At year end it held assets of $433k against liabilities of $14k, net assets of $418k.