Waterbury Area Senior Citizens Assn

Analysis

Waterbury Area Senior Citizens Assn is a registered charity in United States, based in Waterbury, VT. It received its IRS tax-exemption ruling in June 1994, 32 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 September 2023, Waterbury Area Senior Citizens Assn reported income of $231k and spending of $209k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $212k to $231k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to September 2022, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waterbury Area Senior Citizens Assn sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 48th percentile within VT. Charities of a similar size with the same main cause include House of Dawn Inc ($231k), Courtneys House Inc ($231k) and Florida Cattlemans Foundation Inc ($231k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 41% of the total. Other salaries and wages came to $77k. At year end it held assets of $107k against liabilities of $11k, net assets of $96k. It reported 5 employees.