Progressive Eldercare Services Chicot Inc

Analysis

Progressive Eldercare Services Chicot Inc is a registered charity in United States, based in Lake Village, 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 Chicot Inc reported income of $266k and spending of $138k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $266k (-95%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Progressive Eldercare Services Chicot Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within AR. Charities of a similar size with the same main cause include Nurturing Dreams and Visions Ilc in C ($266k), Welcome Home Orphanage ($266k) and The Episcopal Refugee Network of San Diego ($266k).

At year end it held assets of $275k against liabilities of $1.7m, net assets of -$1.4m.