Guilford Adult Care Inc

Analysis

Guilford Adult Care Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in April 2001, 25 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, Guilford Adult Care Inc reported income of $172k and spending of $156k, spending 91% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $182k to $172k (-5.8%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guilford Adult Care Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Spare Ministries ($172k), The Adoption Institute of Colorado ($172k) and Safe Toddles Inc ($172k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $27k against liabilities of $0, net assets of $27k. It reported 3 employees.