Adult Day Services Inc

Analysis

Adult Day Services Inc is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in May 2002, 24 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, Adult Day Services Inc reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $693k to $1.2m (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Day Services Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Kimmel Orchard & Vineyard Educational Foundation Inc ($1.2m), Friendship House Inc ($1.2m) and Families Anchored in Total Harmony Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Other salaries and wages came to $544k. At year end it held assets of $1.1m against liabilities of $267k, net assets of $808k. It reported 19 employees.