Elder Orphan Care

Analysis

Elder Orphan Care is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in January 2016, 10 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 Orphan Care reported income of $293k and spending of $307k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $273k to $293k (+7.1%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elder Orphan Care sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Roots of Progress ($293k), Skagit Adult Day Care ($293k) and Elijah Foundation ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $163k. At year end it held assets of $51k against liabilities of $9,268, net assets of $42k. It reported 3 employees.