Camden - Progressive Eldercare Services Inc

Analysis

Camden - Progressive Eldercare Services Inc is a registered charity in United States, based in Camden, AR. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Camden - Progressive Eldercare Services Inc reported income of $306k and spending of $17k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.4m to $306k (-93%), an average of -48% a year. The sharpest change came in the year to December 2023, when income rose by 23221%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Camden - Progressive Eldercare Services Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AR. Charities of a similar size with the same main cause include 1051 College Avenue Housing Development Fund Corp ($305k), Guardian Angel Life Services Inc ($306k) and Paseo de Luz Inc ($305k).

At year end it held assets of $88k against liabilities of $464k, net assets of -$375k.