Senior Connection Inc

Analysis

Senior Connection Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Senior Connection Inc reported income of $6.0m and spending of $6.1m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.9m to $6.0m (+109%), an average of +20% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Senior Connection Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Museo de Arte de Puerto Rico Inc ($6.0m), Madison Project ($6.0m) and Theater Offensive Inc ($6.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $417k (6.8% of expenses). Other salaries and wages came to $900k. At year end it held assets of $3.2m against liabilities of $2.5m, net assets of $726k. It reported 14 employees.