Erics House Inc

Analysis

Erics House Inc is a registered charity in United States, based in Carpinteria, CA. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Erics House Inc reported income of $176k and spending of $55k, leaving 69% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.1m to $176k (-94%), an average of -76% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 1.7% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Erics House Inc 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 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Stratford Ambulance Association Inc ($176k), Arnold S Leonard Cancer Research Fund ($176k) and Happy Hooves Inc ($176k).

At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.