Community Eldercare of San Diego
Analysis
Community Eldercare of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1999, 27 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 August 2023, Community Eldercare of San Diego reported income of $144.0m and spending of $135.7m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $76.0m to $144.0m (+90%), an average of +17% a year. The sharpest change came in the year to August 2023, when income rose by 22%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Eldercare of San Diego sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Harvesters-The Community Food Network ($143.7m), Cayuga Home for Children ($144.8m) and Presbyterian Retirement Communities Northwest ($143.4m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $285k (0.2% of expenses). Other salaries and wages came to $23.0m. At year end it held assets of $97.4m against liabilities of $15.8m, net assets of $81.5m. It reported 390 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.0%
- Program services 92%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Harvesters-The Community Food Network | Kansas City | $143.7m |
| Cayuga Home for Children | Auburn | $144.8m |
| Presbyterian Retirement Communities Northwest | Bellevue | $143.4m |
| Nysarc Inc | Brookville | $145.8m |