Esperanza Community Services

Analysis

Esperanza Community Services is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Esperanza Community Services reported income of $6.7m and spending of $6.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $6.7m (+0.5%), an average of +0.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Esperanza Community Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Augusta Area Home Inc ($6.7m), North Texas State Soccer Association Inc ($6.7m) and Collaborative Support Services Inc ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $126k (1.9% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $4.0m against liabilities of $699k, net assets of $3.3m. It reported 130 employees.