Elderserv Inc
Analysis
Elderserv Inc is a registered charity in United States, based in St Helens, OR. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Elderserv Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.9m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 107% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elderserv Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Crossroads Christian Counseling ($1.9m), Genaustin ($1.9m) and Union Child Day Care Center Inc ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $1.2m against liabilities of $218k, net assets of $935k.
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.
Income and spending
Where the income comes from
- Program services 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Crossroads Christian Counseling | Saint Louis | $1.9m |
| Genaustin | Austin | $1.9m |
| Union Child Day Care Center Inc | White Plains | $1.9m |
| Patient Airlift Services | Farmingdale | $1.9m |