Progressive Eldercare Services Cross Inc

Analysis

Progressive Eldercare Services Cross Inc is a registered charity in United States, based in Wynne, AR. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Progressive Eldercare Services Cross Inc reported income of $329k and spending of $46k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.8m to $329k (-94%), an average of -51% a year. The sharpest change came in the year to December 2023, when income rose by 9301%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Progressive Eldercare Services Cross Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AR. Charities of a similar size with the same main cause include House of Globalization Inc ($329k), Wildstar Equine Assisted Activities and Therapy Inc ($329k) and Fundacion Creemos En Ti Corp ($329k).

At year end it held assets of $555k against liabilities of $1.7m, net assets of -$1.2m.