Elder Care Services Inc

Analysis

Elder Care Services Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 1973, 53 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 2022, Elder Care Services Inc reported income of $4.3m and spending of $4.9m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $5.1m to $4.3m (-15%), an average of -5.1% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elder Care Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Young Mens Christian Association ($4.3m), Blue Peaks Developmental Services Inc ($4.3m) and Meals on Wheels of the Monterey Peninsula Inc ($4.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $239k (4.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.9m against liabilities of $358k, net assets of $2.5m. It reported 79 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.