Charity Impact Media

Home › International, foreign affairs & national security

Empower-The Emerging Markets Foundation

New York, NY · EIN 03-0529005 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Empower-The Emerging Markets Foundation reported $11.8 million in revenue and $10.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $77.08 went to program services, $10.72 to management and general costs and $12.20 to fundraising. Its largest source of revenue was contributions and grants: 98.2% of the total. The highest compensation it reported for one person was $297,605 (PRESIDENT AND CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 73% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $10M

For context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 469 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
77.1%86.1%
Management & general
Part IX 25(C) ÷ 25(A)
10.7%8.0%
Fundraising
Part IX 25(D) ÷ 25(A)
12.2%2.6%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.03
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.2%96.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$297,605$341,362
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.89%1.06%
People paid over $100,000
Part VII, line 2
210
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.67.5
Independent voting board members
Part VI 1a–1b
46 of 47100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$7.9M expenses · 100.0% of program spending · grants $5.2M

Empower made grants to 150 local organization grantee partners in 15 countries in three key pillars of youth development - inclusive learning, economic wellbeing, healthy and safe lives

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Director/trustee, officer, 40.00 hrs/week
$275,000$0$22,605$297,605
CFO
Officer, 40.00 hrs/week
$153,800$0$6,940$160,740
DIRECTOR OF FINANCE
Highest compensated employee, 40.00 hrs/week
$131,075$0$24,572$155,647
SR PROGRAM MANAGER
Highest compensated employee, 40.00 hrs/week
$117,075$0$9,366$126,441

2 people received more than $100,000 in reportable compensation from Empower-The Emerging Markets Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $432K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$10M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$10M77.1%$5.7M$297,605
FY2024 ⓘ$8.6M$10M78.8%$4.1M$295,000
FY2023 (amended) ⓘ$11M$11M82.9%$5.7M$282,500
FY2022 ⓘ$9.3M$11M83.6%$5.9M$291,600
FY2021 ⓘ$8.9M$7.7M79.1%$7.8M$234,540
FY2020 ⓘ$6.8M$7.1M81.1%$6.5M$211,300

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b47 · 46 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 510
  • Volunteers Part I, line 646

Private foundation grants it received

7 private foundations reported grants to Empower-The Emerging Markets Foundation totaling $529K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Empower-The Emerging Markets Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Empower-The Emerging Markets Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All international, foreign affairs & national security charities · Largest charities in New York

Questions people ask

How much of Empower-The Emerging Markets Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Empower-The Emerging Markets Foundation reported that 77.1% of its $10.3 million in expenses went to program services, 10.7% to management and general and 12.2% to fundraising (Form 990, Part IX).

How much does Empower-The Emerging Markets Foundation pay its top executive?

The largest total compensation Empower-The Emerging Markets Foundation reported for one person in the fiscal year ending June 30, 2025 was $297,605, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Empower-The Emerging Markets Foundation get its money?

Of $11.8 million in revenue in the fiscal year ending June 30, 2025, 98.2% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Empower-The Emerging Markets Foundation a registered charity?

The IRS lists EIN 03-0529005 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600259349300200 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349311646 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023 (amended), object 202421369349311507 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349307877 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349304808 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349300430 · read the filing

All filings for EIN 03-0529005: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.