East Oakland Community Project

Analysis

East Oakland Community Project is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 1994, 32 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 (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, East Oakland Community Project reported income of $10.3m and spending of $11.3m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $10.3m (+51%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, East Oakland Community Project sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Grand Street Guild HDFC Inc ($10.3m), Habitat for Humanity of Kansas City ($10.3m) and Invest DSM ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $190k (1.7% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $9.7m against liabilities of $3.0m, net assets of $6.7m. It reported 180 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.