Embrace of Celebration Inc

Analysis

Embrace of Celebration Inc is a registered charity in United States, based in Celebration, FL. It received its IRS tax-exemption ruling in November 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, Embrace of Celebration Inc reported income of $556k and spending of $496k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $556k (+263%), an average of +263% a year. The sharpest change came in the year to December 2023, when income rose by 263%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embrace of Celebration Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Individual and Family Support of South Alabama ($556k), River House Inc ($556k) and Foster Florida Inc ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $56k. At year end it held assets of $129k against liabilities of $1,803, net assets of $127k. It reported 1 employees.