Escalon Heritage Homes Inc

Analysis

Escalon Heritage Homes Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 1984, 42 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 April 2024, Escalon Heritage Homes Inc reported income of $499k and spending of $420k, spending 84% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $445k to $499k (+12%), an average of +2.9% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Escalon Heritage Homes Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Carleton Non-Profit Housing Corporation ($499k), American Friends of Our Armed Forces ($499k) and Free Clinic of Franklin County Inc ($499k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 58% and program service revenue 39% of the total. At year end it held assets of $1.2m against liabilities of $902k, net assets of $270k.