Episcopal Management Corporation

Analysis

Episcopal Management Corporation is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Episcopal Management Corporation reported income of $1.4m and spending of $1.5m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.4m (+22%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Episcopal Management Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include Affordable Communities Inc ($1.4m), Oak Park Regional Housing Center ($1.4m) and Washington Homeownership Resource Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6.9m against liabilities of $7.9m, net assets of -$1000k.