Adult Residential Care Services Inc

Analysis

Adult Residential Care Services Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in October 1997, 29 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 June 2023, Adult Residential Care Services Inc reported income of $3.0m and spending of $3.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $3.0m (-2.3%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Residential Care Services Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Young Mens Christian Association ($3.0m), South Coast Hospice & Palliative Care Services Inc ($3.0m) and Destin Harvest Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $2.6m against liabilities of $676k, net assets of $1.9m.