Charms Prsonal Care Home Inc

Analysis

Charms Prsonal Care Home Inc is a registered charity in United States, based in Albany, GA. It received its IRS tax-exemption ruling in August 1986, 40 years ago. 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, Charms Prsonal Care Home Inc reported income of $137k and spending of $155k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $198k to $137k (-31%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Charms Prsonal Care Home Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Mile High Freedom Band ($137k), League of Women Voters of Metro St Louis ($137k) and Wulfekammer-Staake-Bode Charitable Trust ($137k).

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 $53k. At year end it held assets of $24k against liabilities of $89k, net assets of -$65k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.