Esther House of Stanly County

Analysis

Esther House of Stanly County is a registered charity in United States, based in Albemarle, NC. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Esther House of Stanly County reported income of $411k and spending of $544k, spending 132% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $505k to $411k (-19%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Esther House of Stanly County sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Lutheran Social Services of Central Ohio Grove City Housing Inc ($411k), Village to Village Network LLC ($411k) and Atlanta Group Home Inc ($411k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $375k. At year end it held assets of $283k against liabilities of $71k, net assets of $212k. It reported 20 employees.