Embolden Co

Analysis

Embolden Co is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Embolden Co reported income of $72k and spending of $32k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $72k (+3.6%), an average of +3.6% a year. Over the whole period it spent 33% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Embolden Co sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include Love for Souls Evangelistic Globaloutreach Ministry Inc ($72k), Garlock Ministries ($72k) and Wat Sovannasam Meditation a Non Profit Religious Corporation ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $97k against liabilities of $614, net assets of $96k.