Center for At-Risk Elders

Analysis

Center for At-Risk Elders is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2011, 15 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, Center for At-Risk Elders reported income of $1.2m and spending of $1.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $651k to $1.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for At-Risk Elders 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 81st percentile within IN. Charities of a similar size with the same main cause include Family Service of Bartholomew County Inc ($1.2m), San Angelo Day Nursery Charitable Foundation Inc ($1.2m) and Orphan Acres Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $788k. At year end it held assets of $1.2m against liabilities of $222k, net assets of $944k. It reported 15 employees.