Escondido Senior Enterprises

Analysis

Escondido Senior Enterprises is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Escondido Senior Enterprises reported income of $114k and spending of $134k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $114k (+51%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 449%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Escondido Senior Enterprises sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Iron River Senior Citizens Council ($114k), George Washington Carver College Inc ($114k) and Alhambra Day Nursery ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.