Embodywise

Analysis

Embodywise is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Embodywise reported income of $470k and spending of $201k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $470k (+422%), an average of +422% a year. The sharpest change came in the year to December 2023, when income rose by 422%. Over the whole period it spent 40% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Embodywise 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 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Gabis Grounds Coffee Shop ($470k), Main Street Mission of China Grove Inc ($470k) and Allied Wisdom Foundation ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $17k. At year end it held assets of $334k against liabilities of $721, net assets of $333k. It reported 1 employees.