Elmhurst Home Inc

Analysis

Elmhurst Home Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Elmhurst Home Inc reported income of $7.2m and spending of $6.4m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.4m to $7.2m (+64%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elmhurst Home Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Notre Dame Convalescent Home Inc ($7.2m), Southwestern Mental Health Center Inc ($7.2m) and Lafon Nursing Home ($7.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $497k (7.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $8.3m against liabilities of $4.3m, net assets of $3.9m. It reported 100 employees.