Eden Investments Inc

Analysis

Eden Investments Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in February 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eden Investments Inc reported income of $8.4m and spending of $39.0m, spending 465% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.8m to $8.4m (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eden Investments Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Encino Gardens Inc ($8.4m), Little Falls Health Services ($8.4m) and University Properties Inc ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 63% of the total. At year end it held assets of $155.2m against liabilities of $207.0m, net assets of -$51.7m.