Esperanza Inc

Analysis

Esperanza Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Esperanza Inc reported income of $344k and spending of $238k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $246k to $344k (+40%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Esperanza Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include CTW Ministries Inc ($344k), Vietnam Ministries Inc ($344k) and Liberated Living Ministries ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.