Elevate Community Services Inc

Analysis

Elevate Community Services Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 2021, 5 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 December 2023, Elevate Community Services Inc reported income of $3.6m and spending of $3.7m, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $4.2m to $3.6m (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elevate Community Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Api Innovation Center ($3.6m), Senior Community Services Inc ($3.6m) and Healthy Relationships California ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $326k (8.8% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $102k. It reported 78 employees.