Esperanza Charitable Fund

Analysis

Esperanza Charitable Fund is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Esperanza Charitable Fund reported income of $6.6m and spending of $1.8m, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $6.6m (+158%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 310%. Over the whole period it spent 29% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Esperanza Charitable Fund sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Angel Christian Television TR Inc ($6.6m), Intentional Life Media ($6.6m) and Mission Waco Mission World Inc ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $37.4m against liabilities of $0, net assets of $37.4m.