Elderly Behavioral Wellness Services Inc

Analysis

Elderly Behavioral Wellness Services Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2014, 12 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, Elderly Behavioral Wellness Services Inc reported income of $310k and spending of $235k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $208k to $310k (+50%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elderly Behavioral Wellness Services Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Focus on Caring Inc ($310k), Hicksville Teen-Age Council Inc ($310k) and Wldforce Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (38% of expenses). Other salaries and wages came to $52k. At year end it held assets of $172k against liabilities of $0, net assets of $172k. It reported 8 employees.