Chittenden County Senior Citizens Alliance Inc

Analysis

Chittenden County Senior Citizens Alliance Inc is a registered charity in United States, based in Burlington, VT. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chittenden County Senior Citizens Alliance Inc reported income of $225k and spending of $151k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $225k (+190%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chittenden County Senior Citizens Alliance Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 47th percentile within VT. Charities of a similar size with the same main cause include Lansing Old Newsboys Association ($225k), Hamburg Economic Development Corporation ($225k) and Grinding Stone Collective Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $58k (39% of expenses). At year end it held assets of $1.4m against liabilities of $43k, net assets of $1.4m. It reported 2 employees.