Eastmont Court Inc

Analysis

Eastmont Court Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in August 2002, 24 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 2023, Eastmont Court Inc reported income of $236k and spending of $422k, spending 178% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $154k to $236k (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 171% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eastmont Court Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Fhi Lawrence Andover Inc ($236k), Guadalupe Senior Village ($236k) and Valley Housing Fund ($236k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $54k. At year end it held assets of $2.9m against liabilities of $3.6m, net assets of -$689k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.