Allcare Provider Services Inc

Analysis

Allcare Provider Services Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Allcare Provider Services Inc reported income of $1.1m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.1m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2020, when income dropped by 47%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Allcare Provider Services Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Prayers From Maria Foundation ($1.1m), Shared Care Services Inc ($1.1m) and Mental Health & Addiction Advocacy Coalition ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $191k (17% of expenses). Other salaries and wages came to $587k. At year end it held assets of $300k against liabilities of $326k, net assets of -$26k. It reported 18 employees.