Methuen Senior Activity Center Inc

Analysis

Methuen Senior Activity Center Inc is a registered charity in United States, based in Methuen, MA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Methuen Senior Activity Center Inc reported income of $159k and spending of $44k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $159k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Methuen Senior Activity Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include San Clemente Village ($159k), Mommys Imagination Station Inc ($159k) and Henderson County Fair Association ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 40% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.