Newcourtland Elder Service

Analysis

Newcourtland Elder Service is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 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 June 2023, Newcourtland Elder Service reported income of $9.5m and spending of $17.5m, spending 185% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $9.5m (+104%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 114%. Over the whole period it spent 190% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newcourtland Elder Service sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Pathways Behavioral Services Inc ($9.5m), Metrohealth Foundation Inc ($9.5m) and Legacy Medical Care Inc ($9.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $1.3m (7.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $121.5m against liabilities of $130.3m, net assets of -$8.8m. It reported 39 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.