El Emet Inc

Analysis

El Emet Inc is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, El Emet Inc reported income of $136k and spending of $122k, spending 90% of its income. Across the 2 years on record, from December 2022 to June 2024, income grew from $54k to $136k (+154%), an average of +154% a year. The sharpest change came in the year to June 2024, when income rose by 154%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Emet Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Russian Jewish Community Development Fund Inc ($136k), Jamie Cordial Hall Foundation ($136k) and Meals on Wheels of the Sandhills Inc ($136k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (27% of expenses). Other salaries and wages came to $2,000. At year end it held assets of $62k against liabilities of $1,009, net assets of $61k.