Episcopal Communities & Services for Seniors

Analysis

Episcopal Communities & Services for Seniors is a registered charity in United States, based in Altadena, CA. It received its IRS tax-exemption ruling in April 1942, 84 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, Episcopal Communities & Services for Seniors reported income of $42.7m and spending of $51.4m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $40.6m to $42.7m (+5.1%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Episcopal Communities & Services for Seniors sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Cardinal Bay Inc ($42.0m), Knox Area Rescue Ministries ($42.8m) and Foundation Communities Inc ($41.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $3.3m (6.5% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $186.2m against liabilities of $190.2m, net assets of -$3.9m. It reported 414 employees.