Encino Gardens Inc

Analysis

Encino Gardens Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1977, 49 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 March 2024, Encino Gardens Inc reported income of $8.4m and spending of $2.5m, leaving 70% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $1.4m to $8.4m (+511%), an average of +44% a year. The sharpest change came in the year to March 2024, when income rose by 472%. Over the whole period it spent 59% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Encino Gardens Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include University Properties Inc ($8.4m), Eden Investments Inc ($8.4m) and Lynchburg Baptist Retirement Community LLC ($8.4m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 16% of the total. Other salaries and wages came to $269k. At year end it held assets of $7.0m against liabilities of $47k, net assets of $7.0m.