Eastcare I Inc

Analysis

Eastcare I Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in August 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eastcare I Inc reported income of $157k and spending of $123k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $157k (+35%), an average of +7.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastcare I Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include Nisqually Reach Nature Center ($157k), Heartland Aquatics ($157k) and Bob Moretti Memorial Scholarship Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $153k against liabilities of $721k, net assets of -$568k.