Clark Progressive Eldercare Services Inc

Analysis

Clark Progressive Eldercare Services Inc is a registered charity in United States, based in Arkadelphia, AR. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Clark Progressive Eldercare Services Inc reported income of $550k and spending of $121k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.1m to $550k (-91%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clark Progressive Eldercare Services Inc 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 72nd percentile, and in the 73rd percentile within AR. Charities of a similar size with the same main cause include Nazarene Hospital Foundation ($550k), Medical Ministries Inc ($550k) and Campaign for Trauma Informed Policy and Practice ($550k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 24% of the total. At year end it held assets of $942k against liabilities of $1.0m, net assets of -$63k.