Indian River County Foundation for Elderly

Analysis

Indian River County Foundation for Elderly is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in June 1969, 57 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indian River County Foundation for Elderly reported income of $56k and spending of $56k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $61k to $56k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 355%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indian River County Foundation for Elderly sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Volunteers of America Inc ($56k), Desert Angels Inc ($56k) and Pendleton Swim Association Inc ($55k).

At year end it held assets of $966k against liabilities of $0, net assets of $966k.