Sarah Harding Home for the Aged Inc

Analysis

Sarah Harding Home for the Aged Inc is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in April 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Sarah Harding Home for the Aged Inc reported income of $1.1m and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-12%), an average of -3.1% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sarah Harding Home for the Aged Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within IA. Charities of a similar size with the same main cause include Reach Advocacy Inc ($1.1m), Ohio County & Independent Agricultural Societies ($1.1m) and Simple Life Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $70k (5.7% of expenses). Other salaries and wages came to $508k. At year end it held assets of $2.7m against liabilities of $18k, net assets of $2.7m. It reported 27 employees.