Legal Services for the Elderly Inc

Analysis

Legal Services for the Elderly Inc is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in May 1979, 47 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 September 2023, Legal Services for the Elderly Inc reported income of $2.8m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.8m (+36%), an average of +8.1% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Legal Services for the Elderly Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within ME. Charities of a similar size with the same main cause include Child Abuse Prevention Association ($2.8m), Dallas Bar Association Community Service Fund ($2.8m) and 1n10 Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $255k (9.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.8m against liabilities of $168k, net assets of $1.7m. It reported 32 employees.