Vesta Enteka

Analysis

Vesta Enteka is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in April 2008, 18 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 June 2023, Vesta Enteka reported income of $86k and spending of $125k, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $65k to $86k (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vesta Enteka sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Great Road Properties Inc ($86k), Gulf Coast Christian Womens Job Corps-Magdalene House ($86k) and Jessamine County Homeless Coalition Inc ($86k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% and program service revenue 94% of the total. Other salaries and wages came to $4,356. At year end it held assets of $949k against liabilities of $1.2m, net assets of -$240k.