Elm Court Inc

Analysis

Elm Court Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Elm Court Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+13%), an average of +3.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elm Court Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Alcohol and Drug Freedom Center of Knox County ($1.9m), Marshall County Ems District ($1.9m) and I Ola Lahui Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. At year end it held assets of $3.9m against liabilities of $7.5m, net assets of -$3.6m.