Eastside Community Development Fund

Analysis

Eastside Community Development Fund is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in December 2020, 6 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 December 2023, Eastside Community Development Fund reported income of $235k and spending of $217k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $235k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eastside Community Development Fund 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 54th percentile within WA. Charities of a similar size with the same main cause include Alvarez Court Inc ($235k), Stepping Stone Shelter Inc ($235k) and Emporia Jaycee Housing Corporation ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $153k (70% of expenses). At year end it held assets of $28k against liabilities of $0, net assets of $28k.