A Gift of Time-Adult Day Care

Analysis

A Gift of Time-Adult Day Care is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, A Gift of Time-Adult Day Care reported income of $82k and spending of $121k, spending 147% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $852k to $82k (-90%), an average of -54% a year. The sharpest change came in the year to December 2021, when income dropped by 77%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Gift of Time-Adult Day Care sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include International Society for Plant Pathology-Ispp ($82k), Irvington Park Areas Genesis Pre School New Jersey Non Profit Corp ($82k) and Walk with Me Ministries ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $42k, net assets of $110k.