Monticello Progressive Eldercare Services Inc

Analysis

Monticello Progressive Eldercare Services Inc is a registered charity in United States, based in Monticello, 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, Monticello Progressive Eldercare Services Inc reported income of $433k and spending of $238k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $433k (-92%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monticello Progressive Eldercare Services Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within AR. Charities of a similar size with the same main cause include Clubhouse Atlanta Inc ($433k), Lakes Region Consumer Advisory Board ($433k) and International Cannabinoid Research Society ($433k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 1.7% of the total. At year end it held assets of $322k against liabilities of $694k, net assets of -$372k.