Progressive Eldercare Services Drew Inc

Analysis

Progressive Eldercare Services Drew Inc is a registered charity in United States, based in Monticello, AR. It received its IRS tax-exemption ruling in December 2013, 13 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 Drew Inc reported income of $170k and spending of $220k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.8m to $170k (-97%), an average of -59% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Progressive Eldercare Services Drew Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AR. Charities of a similar size with the same main cause include Brownstone Homes of Refuge Inc ($170k), Pregnancy Crisis Center Inc ($170k) and Happily Ever After League Inc ($170k).

At year end it held assets of $1.1m against liabilities of $1.0m, net assets of $72k.