Elliot Professional Services

Analysis

Elliot Professional Services is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Elliot Professional Services reported income of $75.0m and spending of $116.8m, spending 156% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $60.6m to $75.0m (+24%), an average of +5.5% a year. Over the whole period it spent 156% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elliot Professional Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NH. Charities of a similar size with the same main cause include Seton-Ut Austin Dell Medical School University Physicians Group ($74.9m), Campaign for Tobacco-Free Kids ($75.0m) and Promedica Continuum Services ($74.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.4m (2.0% of expenses). Other salaries and wages came to $87.7m. At year end it held assets of $4.5m against liabilities of $12.7m, net assets of -$8.2m. It reported 376 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.