Eden-Hope Villa Esperanza Inc

Analysis

Eden-Hope Villa Esperanza Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in October 1997, 29 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 December 2023, Eden-Hope Villa Esperanza Inc reported income of $730k and spending of $328k, leaving 55% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $183k to $730k (+298%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 520%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eden-Hope Villa Esperanza Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Telacu Housing-Rialto Inc ($730k), El Caribe Housing Development Fund Company Inc ($730k) and Bakersfield Senior Housing Inc ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 14% of the total. At year end it held assets of $1.9m against liabilities of $1.3m, net assets of $600k.