Elica Support Corp II

Analysis

Elica Support Corp II is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 2022, 4 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 II reported income of $59k and spending of $500k, spending 846% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.0m to $59k (-98%), an average of -98% a year. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 23% 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 II sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Children Have Options in Choosing Experiences Inc ($59k), Childrens Voice of North Texas ($59k) and Rochester Area Autism Association ($59k).

At year end it held assets of $13.4m against liabilities of $11.0m, net assets of $2.4m.