Timberline Adult Day Services

Analysis

Timberline Adult Day Services is a registered charity in United States, based in Frisco, CO. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 September 2023, Timberline Adult Day Services reported income of $226k and spending of $292k, spending 130% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $303k to $226k (-26%), an average of -7.1% a year. The sharpest change came in the year to September 2022, when income dropped by 20%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Timberline Adult Day Services sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Arrowhead Business Group Foundation Inc ($226k), The Manchester Citizens Corporation ($226k) and Convene International Ministries Inc ($226k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $66k (23% of expenses). Other salaries and wages came to $107k. At year end it held assets of $568k against liabilities of $4,193, net assets of $564k. It reported 7 employees.