East Palo Alto Community Alliance & Neighborhood Development Organ

Analysis

East Palo Alto Community Alliance & Neighborhood Development Organ is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in October 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Palo Alto Community Alliance & Neighborhood Development Organ reported income of $4.5m and spending of $1.2m, leaving 74% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $609k to $4.5m (+639%), an average of +65% a year. The sharpest change came in the year to June 2023, when income rose by 334%. Over the whole period it spent 41% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, East Palo Alto Community Alliance & Neighborhood Development Organ sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include My House ($4.5m), Rental Assistance Corporation of Buffalo ($4.5m) and Columbia Cascade Housing Corporation ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $122k (10% of expenses). Other salaries and wages came to $504k. At year end it held assets of $9.8m against liabilities of $1.8m, net assets of $8.0m. It reported 9 employees.