Emq Auxiliary

Analysis

Emq Auxiliary is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover community improvement and capacity building, 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 January 2024, Emq Auxiliary reported income of $300k and spending of $345k, spending 115% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $280k to $300k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to January 2023, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Emq Auxiliary sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Joplin Business and Industrial Development Corporation ($300k), Community Builder Toolbox Inc ($300k) and Pompano Beach Rotary Fund Inc ($300k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 6.0% and program service revenue 2.6% of the total. At year end it held assets of $288k against liabilities of $102k, net assets of $186k.