Bellows Falls Area Senior Center Inc

Analysis

Bellows Falls Area Senior Center Inc is a registered charity in United States, based in Bellows Falls, VT. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2024, Bellows Falls Area Senior Center Inc reported income of $105k and spending of $145k, spending 139% of what it took in. Across the 5 years on record, from September 2020 to September 2024, income fell from $239k to $105k (-56%), an average of -19% a year. The sharpest change came in the year to September 2024, when income dropped by 46%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bellows Falls Area Senior Center Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 29th percentile within VT. Charities of a similar size with the same main cause include United Family Service Outreach ($105k), Parents Cooperative Pre-School Inc ($105k) and Overlook Food Awareness Resource of Massachusetts Inc ($105k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $85k. It paid $1,664 in professional fundraising fees. At year end it held assets of $566k against liabilities of $9,857, net assets of $556k. It reported 6 employees.