Eskaton Properties Incorporated

Analysis

Eskaton Properties Incorporated is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eskaton Properties Incorporated reported income of $129.5m and spending of $121.6m, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $107.8m to $129.5m (+20%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eskaton Properties Incorporated sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Episcopal Childrens Services Inc ($129.4m), Childrens Cabinet Inc a Child and Family Resource ($131.3m) and Ohio Living Communities ($128.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $5.0m (4.1% of expenses). Other salaries and wages came to $53.8m. At year end it held assets of $148.6m against liabilities of $87.3m, net assets of $61.3m. It reported 1,726 employees.