Eastside Home Association

Analysis

Eastside Home Association is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 1977, 49 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 March 2024, Eastside Home Association reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.3m to $1.8m (+38%), an average of +8.4% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eastside Home Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Alliance for Building Communities ($1.8m), Oceana County Development Corporation ($1.8m) and Outsidersinn ($1.8m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $144k. At year end it held assets of $5.2m against liabilities of $4.2m, net assets of $972k.