Eutaw Elderly Village Inc

Analysis

Eutaw Elderly Village Inc is a registered charity in United States, based in Eutaw, AL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eutaw Elderly Village Inc reported income of $149k and spending of $223k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $149k (-3.3%), an average of -0.8% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eutaw Elderly Village Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AL. Charities of a similar size with the same main cause include Changes of Choice Inc ($149k), Juneau Pregnancy Resource Center ($149k) and Angel Resource Connection ($149k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $42k. At year end it held assets of $245k against liabilities of $1.6m, net assets of -$1.4m. It reported 1 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.