Empire Hotel Eharc Inc

Analysis

Empire Hotel Eharc Inc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Empire Hotel Eharc Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Empire Hotel Eharc Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Cerebral Palsy Association of Chester County Inc ($1.6m), Developmental Therapy Center Inc ($1.6m) and Extra Mile Region VI ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $114k (7.2% of expenses). Other salaries and wages came to $831k. At year end it held assets of $1.2m against liabilities of $111k, net assets of $1.1m. It reported 48 employees.