Center for the Advocacy for the Rights & Interests of the Elderly

Analysis

Center for the Advocacy for the Rights & Interests of the Elderly is a registered charity in United States, based in Abington, PA. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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 June 2023, Center for the Advocacy for the Rights & Interests of the Elderly reported income of $2.7m and spending of $2.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.7m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for the Advocacy for the Rights & Interests of the Elderly sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Ecsu Foundation Inc ($2.7m), Paramount Center Inc ($2.7m) and Nora School ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $126k (4.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.9m against liabilities of $1.6m, net assets of $376k. It reported 39 employees.