Drakes Way Eah Inc

Analysis

Drakes Way Eah Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Drakes Way Eah Inc reported income of $2.2m and spending of $2.3m, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.0m to $2.2m (+6.9%), an average of +6.9% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Drakes Way Eah Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Menorah Center Inc ($2.2m), Fellowship Housing Corporation ($2.2m) and Linc Up Nonprofit Housing Corporation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. At year end it held assets of $376k against liabilities of $329k, net assets of $46k.