Eman Schools Inc
Analysis
Eman Schools Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, Eman Schools Inc reported income of $4.7m and spending of $4.0m, spending 86% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $2.4m to $4.7m (+94%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 25%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Eman Schools Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Washington Montessori Inc-A Public Charter School ($4.7m), PHCS Inc ($4.7m) and Victory Collegiate Academy Corporation ($4.7m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $111k (2.8% of expenses). Other salaries and wages came to $2.3m. It paid $25k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $407k, net assets of $1.7m. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 69%
- Program services 31%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington Montessori Inc-A Public Charter School | Washington | $4.7m |
| PHCS Inc | Perry Hall | $4.7m |
| Victory Collegiate Academy Corporation | Phoenix | $4.7m |
| Social Justice Public Charter School Inc | Washington | $4.7m |