East Side House Inc

Analysis

East Side House Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1938, 88 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, East Side House Inc reported income of $30.7m and spending of $31.2m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $23.0m to $30.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to August 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Side House Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Bentonville Bella Vista Blazer Association ($28.7m), Alameda County Agricultural Fair Association ($30.7m) and Pga Tour First Tee Foundation Inc ($28.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 82% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $587k (1.9% of expenses). Other salaries and wages came to $13.7m. It paid $97k in professional fundraising fees. At year end it held assets of $38.3m against liabilities of $4.0m, net assets of $34.3m. It reported 972 employees.