Ennead

Analysis

Ennead is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ennead reported income of $209k and spending of $208k, spending 100% of its income. The sharpest change came in the year to December 2023, when income rose by 560%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ennead sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Jubilee Senior Homes Inc ($209k), Cicero Commons Senior Housing Development Fund Company Inc ($209k) and Arc of New Jersey Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $210k against liabilities of $209k, net assets of $920.