Elkhartcares Inc

Analysis

Elkhartcares Inc is a registered charity in United States, based in Elkhart Lake, WI. It received its IRS tax-exemption ruling in February 2018, 8 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, Elkhartcares Inc reported income of $131k and spending of $118k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $131k (-1.0%), an average of -1.0% a year. 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, Elkhartcares Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Labyrinth Society Inc ($131k), Seaside Italian American Club ($131k) and Waves of Compassion Foundation ($131k).

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 $94k against liabilities of $0, net assets of $94k.