Association For Benevolent Care Inc
EIN: 237026932 · Canton, OH · NTEE: T70Z
| Metric | Value |
|---|---|
| Total Revenue | $367K |
| Total Expenses | $286K |
| Net Assets | $3.6M |
Is Association For Benevolent Care Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Association For Benevolent Care Inc
Association For Benevolent Care Inc (EIN: 237026932) is a nonprofit organization based in Canton, OH, classified under NTEE code T70Z. The organization reported total revenue of $367K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association For Benevolent Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association For Benevolent Care Inc is a small nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $374K |
| Total Expenses | $286K |
| Surplus / Deficit | +$88K |
| Total Assets | $3.6M |
| Total Liabilities | $5K |
| Net Assets | $3.6M |
| Operating Margin | 23.4% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 150.4 months |
Financial Health Grade: A
In 2023, Association For Benevolent Care Inc reported a surplus of $88K with revenue exceeding expenses, holds 150.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Association For Benevolent Care Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +81.1% | -11.2% | +3.4% |
| 2022 | -73.3% | -11.1% | -14.9% |
| 2021 | +103.3% | -19.5% | +12.7% |
| 2020 | -18.1% | -0.1% | +1.1% |
| 2019 | +4.4% | +2.4% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Association For Benevolent Care Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association For Benevolent Care Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Association For Benevolent Care Inc
Is Association For Benevolent Care Inc a legitimate charity?
Association For Benevolent Care Inc (EIN: 237026932) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $367K. No red flags identified. Financial health grade: A.
How does Association For Benevolent Care Inc spend its money?
Association For Benevolent Care Inc reported $367K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Association For Benevolent Care Inc tax-deductible?
Association For Benevolent Care Inc is registered as a tax-exempt nonprofit (EIN: 237026932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Association For Benevolent Care Inc located?
Association For Benevolent Care Inc is headquartered in Canton, Ohio and files with the IRS under EIN 237026932. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does Association For Benevolent Care Inc have?
Association For Benevolent Care Inc has 13 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 $367K in total revenue.
Filing History
IRS 990 filing history for Association For Benevolent Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association For Benevolent Care Inc's revenue has declined by 18.3%, moving from $457K to $374K. Total assets increased by 16.1% over the same period, from $3.1M to $3.6M. Total functional expenses fell by 39%, from $469K to $286K. In its most recent filing year (2023), Association For Benevolent Care Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $5K in liabilities against $3.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $374K | $286K | $3.6M | $5K | — | — |
| 2022 | $206K | $322K | $3.5M | $6K | — | View 990 |
| 2021 | $773K | $363K | $4.1M | $403K | — | View 990 |
| 2020 | $380K | $450K | $3.6M | $466K | — | — |
| 2019 | $464K | $450K | $3.6M | $334K | — | View 990 |
| 2018 | $445K | $440K | $3.2M | $270K | — | View 990 |
| 2017 | $521K | $394K | $3.4M | $320K | — | View 990 |
| 2016 | $389K | $413K | $3.5M | $226K | — | View 990 |
| 2015 | $327K | $390K | $3.4M | $166K | — | View 990 |
| 2014 | $540K | $385K | $3.6M | $266K | — | View 990 |
| 2013 | $609K | $432K | $3.6M | $451K | — | View 990 |
| 2012 | $689K | $449K | $3.5M | $487K | — | View 990 |
| 2011 | $457K | $469K | $3.1M | $858K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $374K, expenses of $286K, and assets of $3.6M (revenue +81.1% year-over-year).
- 2022: Revenue of $206K, expenses of $322K, and assets of $3.5M (revenue -73.3% year-over-year).
- 2021: Revenue of $773K, expenses of $363K, and assets of $4.1M (revenue +103.3% year-over-year).
- 2020: Revenue of $380K, expenses of $450K, and assets of $3.6M (revenue -18.1% year-over-year).
- 2019: Revenue of $464K, expenses of $450K, and assets of $3.6M (revenue +4.4% year-over-year).
- 2018: Revenue of $445K, expenses of $440K, and assets of $3.2M (revenue -14.6% year-over-year).
- 2017: Revenue of $521K, expenses of $394K, and assets of $3.4M (revenue +33.9% year-over-year).
- 2016: Revenue of $389K, expenses of $413K, and assets of $3.5M (revenue +19.1% year-over-year).
- 2015: Revenue of $327K, expenses of $390K, and assets of $3.4M (revenue -39.5% year-over-year).
- 2014: Revenue of $540K, expenses of $385K, and assets of $3.6M (revenue -11.4% year-over-year).
- 2013: Revenue of $609K, expenses of $432K, and assets of $3.6M (revenue -11.6% year-over-year).
- 2012: Revenue of $689K, expenses of $449K, and assets of $3.5M (revenue +50.7% year-over-year).
- 2011: Revenue of $457K, expenses of $469K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association For Benevolent Care Inc:
Data Sources and Methodology
This transparency report for Association For Benevolent Care Inc 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.