Desert Esperanza Inc

Analysis

Desert Esperanza Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Desert Esperanza Inc reported income of $89k and spending of $114k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $93k to $89k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to September 2023, when income rose by 53%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Desert Esperanza Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include Robins Terrace Inc ($89k), Cottonwood Ridge Apartments Inc ($89k) and Arc Apartments Inc ($89k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $6,116. At year end it held assets of $846k against liabilities of $39k, net assets of $807k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.