Esd Global Inc

Analysis

Esd Global Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in January 2018, 8 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, Esd Global Inc reported income of $577k and spending of $558k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $687k to $577k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Esd Global Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Neponset Community Services Inc ($577k), Lighthouse Thrift Store ($577k) and Young Womens Christian Assn of Van Wert County ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $31k (5.6% of expenses). Other salaries and wages came to $62k. At year end it held assets of $104k against liabilities of $322k, net assets of -$218k. It reported 3 employees.