Esperanza En Escalante

Analysis

Esperanza En Escalante is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1993, 33 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 September 2023, Esperanza En Escalante reported income of $1.3m and spending of $1.5m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $930k to $1.3m (+39%), an average of +8.6% a year. The sharpest change came in the year to September 2020, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Esperanza En Escalante sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Unaccompanied Students Initiative ($1.3m), Trolinger House Inc ($1.3m) and St James Retirement Community Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $121k (8.0% of expenses). Other salaries and wages came to $462k. At year end it held assets of $3.6m against liabilities of $78k, net assets of $3.5m. It reported 19 employees.