Adult Day and Health Care Services Inc

Analysis

Adult Day and Health Care Services Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2024, Adult Day and Health Care Services Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $891k to $1.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Day and Health Care Services Inc 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 82nd percentile within NC. Charities of a similar size with the same main cause include Mission Agape ($1.2m), Monterey Bay Horsemanship & Therapeutic Center ($1.2m) and Jackson County Commission on Aging Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 76% of the total. Other salaries and wages came to $697k. At year end it held assets of $1.8m against liabilities of $747k, net assets of $1.0m. It reported 23 employees.