Oxbow Senior Independence Program Inc

Analysis

Oxbow Senior Independence Program Inc is a registered charity in United States, based in Newbury, VT. It received its IRS tax-exemption ruling in August 1992, 34 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, Oxbow Senior Independence Program Inc reported income of $404k and spending of $463k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $577k to $404k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oxbow Senior Independence Program Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include Greater Hopes Inc ($404k), Sarah Bellums Bakery & Workshop ($404k) and Source Studio Inc ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $885k against liabilities of $1.2m, net assets of -$358k.