Helping Elders Live Productively

Analysis

Helping Elders Live Productively is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Helping Elders Live Productively reported income of $202k and spending of $294k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $356k to $202k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Elders Live Productively sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Hugaroo Inc ($202k), Gates of Freedom ($202k) and Country Living Learning Center ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $90k (31% of expenses). Other salaries and wages came to $78k. At year end it held assets of $600k against liabilities of $4,077, net assets of $596k. It reported 4 employees.