Hope Springs Adult Day Care Center Inc. provides supervised daily care and engaging activities for adults. Founded in 2019, it supports seniors and their families in Knoxville, TN.
Supervised daily careSocial and recreational activitiesNutritional meal provisionPersonal care assistanceHealth monitoring and medication reminders
Revenue trend IRS Form 990
2023
$285K
2022
$188K
2020
$58K
2019
$36K
2018
$10K
Revenue grew 2805% between 2018 and 2023, from $10K to $285K over 5 years of filings. That is a compound annual growth rate of about +96.2% per year.
Frequently asked questions FAQ Schema
How much revenue does Hope Springs Adult Day Care Center Inc report?
Hope Springs Adult Day Care Center Inc reported $285K in total revenue for 2023, according to its most recently filed IRS Form 990.
How has Hope Springs Adult Day Care Center Inc’s revenue changed over time?
Revenue grew 2805% between 2018 and 2023, from $10K to $285K over 5 years of filings. That is a compound annual growth rate of about +96.2% per year. Figures are drawn directly from 5 years of IRS Form 990 filings.
What is Hope Springs Adult Day Care Center Inc’s Efficiency Score?
Hope Springs Adult Day Care Center Inc has an Efficiency Score of 89/100 (Excellent), higher than 98% of senior nonprofits in Tennessee. The score is calculated from overhead ratio, revenue growth, transparency, and organizational size — see our methodology for details.
What are Hope Springs Adult Day Care Center Inc’s total assets?
Hope Springs Adult Day Care Center Inc reported $49K in total assets on its 2023 Form 990 filing.
When was Hope Springs Adult Day Care Center Inc recognized as tax-exempt?
Hope Springs Adult Day Care Center Inc received its IRS tax-exempt determination in 2019, according to public IRS records.