Balancedcare Community Services Inc

Analysis

Balancedcare Community Services Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in September 2020, 6 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, Balancedcare Community Services Inc reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $806k to $1.2m (+52%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 28%. 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, Balancedcare Community Services Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Floc for Love of Children ($1.2m), Bright Beginnings ($1.2m) and Norwood Senior Services Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 90% of the total. Other salaries and wages came to $645k. At year end it held assets of $11.7m against liabilities of $11.7m, net assets of $14k. It reported 17 employees.