Roanoke Valley Adult Day Care Center Inc

Analysis

Roanoke Valley Adult Day Care Center Inc is a registered charity in United States, based in Weldon, NC. It received its IRS tax-exemption ruling in December 1984, 42 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 2023, Roanoke Valley Adult Day Care Center Inc reported income of $497k and spending of $459k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $581k to $497k (-14%), an average of -5.0% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roanoke Valley Adult Day Care Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Crush Athletics ($497k), Interfaith Community Pads Inc ($497k) and Friends of Lachat Inc ($497k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $72k (16% of expenses). Other salaries and wages came to $179k. At year end it held assets of $244k against liabilities of $60k, net assets of $184k. It reported 13 employees.