Episcopal Group Homes Inc

Analysis

Episcopal Group Homes Inc is a registered charity in United States, based in Wayzata, MN. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Episcopal Group Homes Inc reported income of $2.3m and spending of $2.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Episcopal Group Homes Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Delta Center for Independent Living Inc ($2.3m), Local Environmental Agriculture Project Incorporated ($2.3m) and Southeast Asian Coalition of Central Mass Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $155k (7.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.0m against liabilities of $134k, net assets of $3.8m. It reported 74 employees.