Immanuel Church Foundation for the Elderly Inc

Analysis

Immanuel Church Foundation for the Elderly Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in July 1984, 42 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, Immanuel Church Foundation for the Elderly Inc reported income of $54k and spending of $8,789, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $73k to $54k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Immanuel Church Foundation for the Elderly Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Holmes-Wayne Electric Foundation Inc ($54k), New Church Challenge ($55k) and Little Miami Food Services Inc ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 15% of the total. At year end it held assets of $527k against liabilities of $0, net assets of $527k.