Enriched Adult Day Care Inc

Analysis

Enriched Adult Day Care Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Enriched Adult Day Care Inc reported income of $832k and spending of $647k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $832k (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Enriched Adult Day Care Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Winnebago County Casa ($832k), Asociacion Puertoriquena de Servic Y Ayuda Al Paciente Con Sida ($832k) and Icna Dallas ($831k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (12% of expenses). Other salaries and wages came to $244k. At year end it held assets of $372k against liabilities of $115k, net assets of $257k. It reported 17 employees.