Holbrook Ems Inc
Analysis
Holbrook Ems Inc is a registered charity in United States, based in Holbrook, AZ. It received its IRS tax-exemption ruling in October 1991, 35 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, Holbrook Ems Inc reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.4m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 99% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holbrook Ems Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Greater Reno Community Ice Skating Association ($2.4m), Sowela Technical Community College Foundation ($2.4m) and Greater Bemidji Inc ($2.4m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $56k (2.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.1m against liabilities of $191k, net assets of $1.9m. It reported 26 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Greater Reno Community Ice Skating Association | Reno | $2.4m |
| Sowela Technical Community College Foundation | Lake Charles | $2.4m |
| Greater Bemidji Inc | Bemidji | $2.4m |
| Foundation for Independent Living Inc | Coconut Creek | $2.4m |