Elder Care Community for Home Care Service

Analysis

Elder Care Community for Home Care Service is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Elder Care Community for Home Care Service reported income of $504k and spending of $295k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $504k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 29% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Elder Care Community for Home Care Service sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Ibis Charities Foundation Inc ($503k), Barkmerica ($504k) and Navy Seals Fund ($503k).

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 $2 (0.0% of expenses). Other salaries and wages came to $295k. At year end it held assets of $208k against liabilities of $0, net assets of $208k.