Emerge Global

Analysis

Emerge Global is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Emerge Global reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $517k to $1.1m (+104%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Emerge Global sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Wheeling National Heritage Area Corporation ($1.1m), Clayton Improvement Associaton Ltd ($1.1m) and Greater Freeport Partnership ($1.1m).

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 $245k against liabilities of $8,561, net assets of $237k.