Association for Retarded Citizens Group Home Casa de Esperanza

Analysis

Association for Retarded Citizens Group Home Casa de Esperanza is a registered charity in United States, based in El Monte, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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, Association for Retarded Citizens Group Home Casa de Esperanza reported income of $825k and spending of $696k, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $630k to $825k (+31%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Retarded Citizens Group Home Casa de Esperanza sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($825k), Bilingual Veterans Outreach Centers of Massachusetts Inc ($825k) and Musk Ox Development Corporation ($825k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $372k. At year end it held assets of $604k against liabilities of $183k, net assets of $421k. It reported 13 employees.