Elder Care of Alachua County Inc

Analysis

Elder Care of Alachua County Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 1992, 34 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 June 2023, Elder Care of Alachua County Inc reported income of $4.3m and spending of $4.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $4.3m (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elder Care of Alachua County Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Luther Rice University Inc ($4.3m), Luke Society ($4.3m) and Laurel Ridge Community College Educational Foundation Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.3% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.6m against liabilities of $416k, net assets of $1.2m. It reported 16 employees.