Eden Alvarado Niles Inc

Analysis

Eden Alvarado Niles Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 December 2023, Eden Alvarado Niles Inc reported income of $440k and spending of $685k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $440k (+12%), an average of +2.9% a year. Over the whole period it spent 159% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eden Alvarado Niles Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Holy Trinity Housing Inc ($439k), NFS Ministries ($440k) and Near East Area Renewal Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 42% of the total. At year end it held assets of $3.0m against liabilities of $4.1m, net assets of -$1.1m.

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.