Evercare Choice Inc

Analysis

Evercare Choice Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Evercare Choice Inc reported income of $48.9m and spending of $54.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.1m to $48.9m (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Evercare Choice Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Yakima Neighborhood Health Services ($48.9m), Ascension Care Management Insurance Holdings ($48.9m) and Clay County Medical Corporation ($48.9m).

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 $880k (1.6% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $10.4m against liabilities of $33.7m, net assets of -$23.3m. It reported 121 employees.