Esperanza Center Health Services Inc

Analysis

Esperanza Center Health Services Inc is a registered charity in United States, based in Timonium, MD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Esperanza Center Health Services Inc reported income of $937k and spending of $938k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $710k to $937k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Esperanza Center Health Services 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 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include New Dance Complex Inc ($936k), Florida United Soccer Club Inc ($937k) and Medical Eye Bank of West Virginia Inc ($936k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $525k. At year end it held assets of $147k against liabilities of $209k, net assets of -$63k.