Gibson City Area Telecare Service Inc

Analysis

Gibson City Area Telecare Service Inc is a registered charity in United States, based in Gibson City, IL. It received its IRS tax-exemption ruling in January 1978, 48 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 December 2023, Gibson City Area Telecare Service Inc reported income of $93k and spending of $78k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $93k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gibson City Area Telecare Service Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Spring Lake Golf Club Scholarship Fund Inc ($93k), Fort Liberty Spouses Club ($93k) and Keeseville Free Library ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.