Elica Support Corp

Analysis

Elica Support Corp is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elica Support Corp reported income of $76k and spending of $930k, spending 1218% of what it took in. The sharpest change came in the year to December 2022, when income dropped by 87%. Over the whole period it spent 348% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elica Support Corp sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Tremble Clefs Arizona ($76k), Massachusetts PPD Fund Inc ($76k) and Friendship Center Inc ($76k).

At year end it held assets of $6.9m against liabilities of $8.8m, net assets of -$1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.