Progressive Eldercare Services Conway Inc

Analysis

Progressive Eldercare Services Conway Inc is a registered charity in United States, based in Morrilton, AR. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Conway Inc reported income of $159k and spending of $17k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $159k (-96%), an average of -55% a year. The sharpest change came in the year to December 2023, when income rose by 953%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Progressive Eldercare Services Conway Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AR. Charities of a similar size with the same main cause include Words of Wisdom ($159k), Gods Heart Ministry ($159k) and Catholic Service Board ($159k).

At year end it held assets of $221k against liabilities of $453k, net assets of -$233k.