Eldercare Lake County

Analysis

Eldercare Lake County is a registered charity in United States, based in Waukegan, IL. It received its IRS tax-exemption ruling in April 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 (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, Eldercare Lake County reported income of $350k and spending of $279k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $246k to $350k (+42%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eldercare Lake County sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Safe Inc ($350k), The Nonprofit Resource Center ($350k) and Operation St Nick Laus Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.0% of the total. Other salaries and wages came to $135k. At year end it held assets of $512k against liabilities of $0, net assets of $512k. It reported 3 employees.