Adult Care Services Inc

Analysis

Adult Care Services Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Adult Care Services Inc reported income of $325k and spending of $421k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $432k to $325k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2021, when income rose by 118%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Care Services Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within AZ. Charities of a similar size with the same main cause include Mid-Illinois Senior Services Inc ($325k), C H I L D Inc ($325k) and Joy-Southfield Community Development Corporation ($325k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $141k (34% of expenses). Other salaries and wages came to $114k. At year end it held assets of $722k against liabilities of $20k, net assets of $702k. It reported 92 employees.