Eastcastle Place Inc

Analysis

Eastcastle Place Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1942, 84 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Eastcastle Place Inc reported income of $14.4m and spending of $17.5m, spending 122% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.0m to $14.4m (+2.6%), an average of +0.6% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eastcastle Place Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Christian Rest Home Association ($14.4m), Mental Health Association in Indiana Inc ($14.4m) and Gifford Health Care Inc ($14.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $139k (0.8% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $70.0m against liabilities of $80.2m, net assets of -$10.2m. It reported 311 employees.