Eden South Bay Inc

Analysis

Eden South Bay Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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 South Bay Inc reported income of $2.1m and spending of $2.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 199% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eden South Bay Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Trade Industries ($2.1m), Grace Cottage Foundation ($2.1m) and The Boys & Girls Club of East Aurora Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Other salaries and wages came to $93k. At year end it held assets of $13.4m against liabilities of $23.0m, net assets of -$9.6m. It reported 1 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.