Ecs Housing Corporation

Analysis

Ecs Housing Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ecs Housing Corporation reported income of $5.8m and spending of $7.1m, spending 124% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $581k to $5.8m (+890%), an average of +115% a year. The sharpest change came in the year to December 2021, when income rose by 1048%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ecs Housing Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Homeward Pikes Peak ($5.7m), Chicago Coalition to End Homelessness ($5.8m) and Pafacom Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $555k. At year end it held assets of $158.1m against liabilities of $93.3m, net assets of $64.8m.

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.