Eddy House

Analysis

Eddy House is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Eddy House reported income of $2.8m and spending of $2.6m, spending 91% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.8m to $2.8m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 56%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eddy House 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 89th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include Bastrop County Womens Shelter Inc ($2.8m), Tender Loving Care Home for Boys Inc ($2.8m) and Indiaspora ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $164k (6.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.7m against liabilities of $121k, net assets of $4.5m. It reported 77 employees.