Esarc Inc

Analysis

Esarc Inc is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Esarc Inc reported income of $409k and spending of $124k, leaving 70% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $328k to $409k (+24%), an average of +4.5% a year. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Esarc Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Oklahoma Wheat Research Foundation Inc ($409k), Cat Spring Agricultural Society ($409k) and Forward Horizons Inc ($409k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 90% of the total. At year end it held assets of $2.2m against liabilities of $24k, net assets of $2.2m.