Acare Human Services
Acare Human Services maintains stable assets with fluctuating revenue and no reported officer compensation.
EIN: 201649101 · Grand Rapids, MI · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $479K |
| Total Expenses | $693K |
| Program Spending | 85% |
| Net Assets | $399K |
| Transparency Score | 85/100 |
Is Acare Human Services Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Acare Human Services directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Acare Human Services
Acare Human Services (EIN: 201649101) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code Q33. The organization reported total revenue of $479K and total assets of $616K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acare Human Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acare Human Services is a small nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 34.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $676K |
| Total Expenses | $693K |
| Surplus / Deficit | $-17,009 |
| Total Assets | $599K |
| Total Liabilities | $199K |
| Net Assets | $399K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 33.3% |
| Months of Reserves | 10.4 months |
Financial Health Grade: B
In 2023, Acare Human Services reported a deficit of $17K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 33.3% (moderate leverage).
Financial Trends
Over 7 years of filings (2016–2023), Acare Human Services's revenue has grown at a compound annual growth rate (CAGR) of 34.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.3% | +8.0% | -1.9% |
| 2022 | -18.2% | -5.3% | -4.4% |
| 2021 | -31.5% | -7.9% | -14.3% |
| 2020 | +78.6% | +20.4% | +80.9% |
| 2019 | +139.9% | +164.5% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Acare Human Services with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Acare Human Services allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.3%.
Executive Compensation Analysis
Acare Human Services consistently reports 0% officer compensation across all seven available filings, indicating that no salaries are paid to its officers. This suggests a high degree of volunteer leadership or that compensation is structured in a way that doesn't fall under 'officer compensation' on the 990, which is a strong positive for directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Acare Human Services's IRS 990 filings:
- Fluctuating revenue streams could indicate reliance on inconsistent funding sources or grant cycles.
Strengths
The following positive indicators were identified for Acare Human Services:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive remuneration.
- Assets consistently exceed liabilities, demonstrating financial solvency and a healthy balance sheet.
- Consistent filing of IRS Form 990s over seven periods, indicating strong commitment to transparency and regulatory compliance.
- Clear NTEE code (Q33 - Services for the Aged) indicates a focused mission.
Frequently Asked Questions about Acare Human Services
Is Acare Human Services a legitimate charity?
Acare Human Services (EIN: 201649101) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $479K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Acare Human Services spend its money?
Acare Human Services directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Acare Human Services tax-deductible?
Acare Human Services is registered as a tax-exempt nonprofit (EIN: 201649101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Acare Human Services's spending goes to programs?
Acare Human Services directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Acare Human Services compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Acare Human Services is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Acare Human Services located?
Acare Human Services is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 201649101. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Acare Human Services have?
Acare Human Services has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $479K in total revenue.
Is Acare Human Services a good charity?
Based on the available IRS 990 data, Acare Human Services appears to be a financially stable organization with a strong commitment to transparency, evidenced by its consistent filings and zero reported officer compensation. Its assets consistently exceed liabilities, and while revenue fluctuates, it maintains a healthy financial position. The lack of officer compensation is a significant positive indicator for efficiency.
How has Acare Human Services' revenue trended?
Acare Human Services' revenue has shown significant fluctuations, peaking at $1,074,575 in 2020, then decreasing to $601,997 in 2022, and recovering slightly to $676,016 in the latest 2023 filing. This indicates variability in its funding streams over time.
What is Acare Human Services' financial stability?
Acare Human Services demonstrates reasonable financial stability. Its assets have consistently exceeded liabilities across all reported periods, with $598,725 in assets against $199,397 in liabilities in 2023. While expenses have occasionally surpassed revenue, the organization maintains a healthy net asset position.
Filing History
IRS 990 filing history for Acare Human Services showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Acare Human Services's revenue has grown by 690.1%, moving from $86K to $676K. Total assets increased by 1097.5% over the same period, from $50K to $599K. Total functional expenses rose by 1848.9%, from $36K to $693K. In its most recent filing year (2023), Acare Human Services reported a deficit of $17K, with expenses exceeding revenue. The organization holds $199K in liabilities against $599K in assets (debt-to-asset ratio: 33.3%), resulting in net assets of $399K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $676K | $693K | $599K | $199K | — | — |
| 2022 | $602K | $642K | $610K | $194K | — | View 990 |
| 2021 | $736K | $677K | $638K | $182K | — | View 990 |
| 2020 | $1.1M | $736K | $744K | $347K | — | View 990 |
| 2019 | $602K | $611K | $412K | $353K | — | View 990 |
| 2018 | $251K | $231K | $388K | $321K | — | View 990 |
| 2016 | $86K | $36K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $676K, expenses of $693K, and assets of $599K (revenue +12.3% year-over-year).
- 2022: Revenue of $602K, expenses of $642K, and assets of $610K (revenue -18.2% year-over-year).
- 2021: Revenue of $736K, expenses of $677K, and assets of $638K (revenue -31.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $736K, and assets of $744K (revenue +78.6% year-over-year).
- 2019: Revenue of $602K, expenses of $611K, and assets of $412K (revenue +139.9% year-over-year).
- 2018: Revenue of $251K, expenses of $231K, and assets of $388K (revenue +193.2% year-over-year).
- 2016: Revenue of $86K, expenses of $36K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acare Human Services:
Data Sources and Methodology
This transparency report for Acare Human Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.