Eldercare Services Institute LLC

Analysis

Eldercare Services Institute LLC is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Eldercare Services Institute LLC reported income of $1.4m and spending of $1.8m, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.7m to $1.4m (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Eldercare Services Institute LLC sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Delancey Street/New Mexico Inc ($1.4m), W H Grove Home TR 360 8336036000 ($1.4m) and Elizabeth H Faulk Foundation Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $294k against liabilities of $5.5m, net assets of -$5.2m.