Ecoa Elderly Housing Corporation

Analysis

Ecoa Elderly Housing Corporation is a registered charity in United States, based in Crowley, LA. It received its IRS tax-exemption ruling in April 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ecoa Elderly Housing Corporation reported income of $219k and spending of $227k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $219k (-7.4%), an average of -1.9% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ecoa Elderly Housing Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Brookings Good Samaritan Housing Inc ($219k), Jamestown Lutheran Housingcorporation ($219k) and Milltown Housing Developemnt Fund Company Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $568k against liabilities of $549k, net assets of $19k.