Elder-Aid

Analysis

Elder-Aid is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in December 1990, 36 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 2023, Elder-Aid reported income of $636k and spending of $436k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $782k to $636k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elder-Aid sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Treasured Vessels Foundation ($636k), Upper Midwest American Indian Center ($636k) and Tag Community Living Inc ($636k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $72k. At year end it held assets of $3.4m against liabilities of $7,633, net assets of $3.4m. It reported 2 employees.