Progressive Eldercare Services Columbia Inc

Analysis

Progressive Eldercare Services Columbia Inc is a registered charity in United States, based in Magnolia, AR. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Progressive Eldercare Services Columbia Inc reported income of $243k and spending of $29k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $243k (-96%), an average of -54% a year. The sharpest change came in the year to December 2023, when income rose by 32105%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Progressive Eldercare Services Columbia Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AR. Charities of a similar size with the same main cause include Liz S Legacy Inc ($243k), Broadway Youth Center Support Corporation ($243k) and Xspring Allied Inc ($243k).

At year end it held assets of $154k against liabilities of $1.2m, net assets of -$1.1m.