Elim Care Inc

Analysis

Elim Care Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in October 1991, 35 years ago. 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, Elim Care Inc reported income of $1.3m and spending of $1.7m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.3m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elim Care Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Isaiah 58 Ministries ($1.3m), Tuckahoe Montessori School ($1.3m) and Global Foundation for Democracy and Development Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.8m against liabilities of $201k, net assets of $5.6m.