Association for Residental Care of Putnam County Incorporated

Analysis

Association for Residental Care of Putnam County Incorporated is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 2024, Association for Residental Care of Putnam County Incorporated reported income of $126k and spending of $122k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $145k to $126k (-13%), an average of -13% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Residental Care of Putnam County Incorporated 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 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Nathan & Fannye Shafran Foundation ($126k), Cathedral Carmel Foundation ($126k) and Iberoamericana University Foundation ($126k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $204k against liabilities of $106k, net assets of $98k.