Black River Valley Senior Center

Analysis

Black River Valley Senior Center is a registered charity in United States, based in Ludlow, VT. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 September 2023, Black River Valley Senior Center reported income of $97k and spending of $99k, spending 102% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $169k to $97k (-43%), an average of -24% a year. The sharpest change came in the year to September 2023, when income dropped by 25%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black River Valley Senior Center sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 27th percentile within VT. Charities of a similar size with the same main cause include Lakewood Jr Spartans Youth Association Inc ($97k), Washington State Federation of Garden Clubs Inc ($97k) and Flying for Jesus ($97k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 36% of the total. At year end it held assets of $404k against liabilities of $4,951, net assets of $399k.