Carepartners Adult Day Center Inc

Analysis

Carepartners Adult Day Center Inc is a registered charity in United States, based in St Albans, VT. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2023, Carepartners Adult Day Center Inc reported income of $858k and spending of $813k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $844k to $858k (+1.6%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carepartners Adult Day Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within VT. Charities of a similar size with the same main cause include Grace House Pregnancy Resources Center Inc ($858k), Michigan Farmers Market Association ($858k) and Meal on Wheels in Hunterdon Inc ($858k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $71k (8.7% of expenses). Other salaries and wages came to $376k. At year end it held assets of $1.6m against liabilities of $658k, net assets of $966k. It reported 14 employees.