Young at Heart Senior Center Inc

Analysis

Young at Heart Senior Center Inc is a registered charity in United States, based in Poultney, VT. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Young at Heart Senior Center Inc reported income of $153k and spending of $117k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $294k to $153k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young at Heart Senior Center Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 38th percentile within VT. Charities of a similar size with the same main cause include Hope and Friendship Ministries ($153k), House of Hope of Ocean County Inc ($153k) and Wharton County Interfaith Coalition Inc ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Other salaries and wages came to $47k. At year end it held assets of $135k against liabilities of $0, net assets of $135k. It reported 3 employees.