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Elder Services of Cape Cod and the Islands Inc

RegisteredEIN 04-2523904South Dennis, MAPoverty relief
Income$59.4m2024-06
Spending$56.7msame year
Spent / received96%6-year average
Size in its cause99th pctPoverty relief
Exempt since1973Publicly supported organisat
Employees188latest return

Analysis

Elder Services of Cape Cod and the Islands Inc is a registered charity in United States, based in South Dennis, MA. It received its IRS tax-exemption ruling in December 1973, 53 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 2024, Elder Services of Cape Cod and the Islands Inc reported income of $59.4m and spending of $56.7m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $31.0m to $59.4m (+92%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elder Services of Cape Cod and the Islands Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Fellowship Village Inc ($59.4m), Graham-Windham ($59.5m) and Community Renewal Team Inc ($59.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Other salaries and wages came to $9.7m. At year end it held assets of $21.3m against liabilities of $5.5m, net assets of $15.8m. It reported 188 employees.

Income and spending

$0$14.9m$29.7m$44.6m$59.4m2019 Income: $30,994,5082019 Spending: $30,562,02320192020 Income: $34,121,3982020 Spending: $32,977,52720202021 Income: $37,698,7862021 Spending: $36,243,15620212022 Income: $43,360,4952022 Spending: $41,000,37820222023 Income: $48,203,3092023 Spending: $46,332,95420232024 Income: $59,401,0132024 Spending: $56,719,7702024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.8%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Fellowship Village IncBasking Ridge$59.4m
Graham-WindhamBrooklyn$59.5m
Community Renewal Team IncHartford$59.3m
Foodbank of Southern CaliforniaLong Beach$59.7m