Elder Care Alliance
Analysis
Elder Care Alliance is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in July 1997, 29 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, Elder Care Alliance reported income of $4.3m and spending of $10.2m, spending 236% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.3m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 123% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elder Care Alliance sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Treasure Coast Homeless Service Council Inc ($4.3m), Family Alternatives Inc ($4.3m) and Boyds Kinsman Home Inc ($4.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $400k (3.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $38.4m against liabilities of $8.2m, net assets of $30.2m. It reported 39 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 92%
- Other 7.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Treasure Coast Homeless Service Council Inc | Vero Beach | $4.3m |
| Family Alternatives Inc | Minneapolis | $4.3m |
| Boyds Kinsman Home Inc | Kinsman | $4.3m |
| Kimochi Inc | San Francisco | $4.4m |