Emerson Veterans Memorial Park Committee

Analysis

Emerson Veterans Memorial Park Committee is a registered charity in United States, based in Emerson, NE. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Emerson Veterans Memorial Park Committee reported income of $64k and spending of $133k, spending 210% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $64k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Emerson Veterans Memorial Park Committee sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within NE. Charities of a similar size with the same main cause include PTA Kentucky Congress ($64k), Beverly Hills Bar Foundation ($64k) and Hilliard Girls Softball Association ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.