Elderhelp of San Diego

Analysis

Elderhelp of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1974, 52 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 June 2023, Elderhelp of San Diego reported income of $2.5m and spending of $2.1m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.5m (+110%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elderhelp of San Diego sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Corporation for Independent Living ($2.5m), First Step Family Support Center ($2.5m) and Willie Youngs Home for Young Men Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $110k (5.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.9m against liabilities of $215k, net assets of $2.7m. It reported 35 employees.