Elderly United of Springfield and Clark County Ohio Inc

Analysis

Elderly United of Springfield and Clark County Ohio Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in June 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elderly United of Springfield and Clark County Ohio Inc reported income of $5.8m and spending of $5.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $5.8m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elderly United of Springfield and Clark County Ohio Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Santa Teresita Inc ($5.8m), Food Pantry of Waukesha County Inc ($5.8m) and Fairfax Education Association Retirement Housing Corporation ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $409k (7.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $20.9m against liabilities of $3.3m, net assets of $17.7m. It reported 132 employees.