Eden I & R Inc

Analysis

Eden I & R Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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, Eden I & R Inc reported income of $3.4m and spending of $3.9m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.4m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eden I & R Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Pilgrim Skating Arena Inc ($3.4m), Bnai Brith Covenant House of Peoria ($3.4m) and Bijou Theater Center ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $150k (3.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.5m against liabilities of $211k, net assets of $2.3m. It reported 46 employees.