Eastwood Residential Living Inc

Analysis

Eastwood Residential Living Inc is a registered charity in United States, based in Madison, OH. It received its IRS tax-exemption ruling in December 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eastwood Residential Living Inc reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.6m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eastwood Residential Living Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Trinity Unlimited Outreach ($1.6m), Beet Sugar Development Foundation ($1.6m) and Outreach Foodshelf ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $101k (6.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.2m against liabilities of $67k, net assets of $2.2m. It reported 42 employees.