Sarahs Place Adult Day Health

Analysis

Sarahs Place Adult Day Health is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Sarahs Place Adult Day Health reported income of $1.6m and spending of $1.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sarahs Place Adult Day Health sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Northern Homes Community Development Corporation ($1.6m), North American Traditional Indigenous Food Systems ($1.6m) and Green Vision Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $85k (6.6% of expenses). Other salaries and wages came to $681k. At year end it held assets of $1.3m against liabilities of $165k, net assets of $1.1m. It reported 28 employees.