Esperanza House Inc

Analysis

Esperanza House Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Esperanza House Inc reported income of $407k and spending of $289k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $407k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Esperanza House Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include New Sharon Community Child Care Center Inc ($407k), Little Dreamer Christian Childcare ($407k) and Staying Put in New Canaan Inc ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $63k (22% of expenses). Other salaries and wages came to $6,902. At year end it held assets of $188k against liabilities of $0, net assets of $188k. It reported 2 employees.