Elders First Adult Day Services Association

Analysis

Elders First Adult Day Services Association is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in March 2006, 20 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, Elders First Adult Day Services Association reported income of $181k and spending of $146k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $181k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elders First Adult Day Services Association sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Lifeboat 14 ($181k), Into Action Recovery Inc ($181k) and Minot Social Club for Exceptional Persons Inc ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $128k against liabilities of $1,809, net assets of $126k.