Elderday Center Inc

Analysis

Elderday Center Inc is a registered charity in United States, based in Batavia, IL. It received its IRS tax-exemption ruling in May 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, Elderday Center Inc reported income of $277k and spending of $266k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $277k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elderday Center 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 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Sisters Haven ($277k), Men of Armor Inc ($277k) and Ingleside Community Center Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $67k (25% of expenses). Other salaries and wages came to $94k. At year end it held assets of $152k against liabilities of $34k, net assets of $118k. It reported 9 employees.