Charity Search / MEMORYCARE
Health Care (E32) IRS Verified DX Registered 990 on File

MEMORYCARE

EIN: 56-2178294 · ASHEVILLE, NC 28803-2046 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$3.2M
Total Revenue
$2.8M
Total Expenses
$16.4M
Net Assets
30
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.9%
Fundraising Efficiency N/A
Operating Reserve 70.37x
Liability-to-Asset 1.5%
Revenue Diversification 44.0%
Executive Compensation $135K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3.2M $2.8M $16.4M 84.9% 30
2023 $3.2M $2.5M $15.4M 84.1% 27
2022 $3.1M $2.4M $13.7M 85.5% 28
2021 $3.5M $2.2M N/A 23
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Organization Details
EIN
56-2178294
State
NC
City
ASHEVILLE
ZIP
28803-2046
Classification
E32
Category
Health Care
Rating
56★
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
15
Form 990
On File
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