Friends of the Ludlow Senior Center Inc

Analysis

Friends of the Ludlow Senior Center Inc is a registered charity in United States, based in Ludlow, MA. It received its IRS tax-exemption ruling in June 1984, 42 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 September 2023, Friends of the Ludlow Senior Center Inc reported income of $82k and spending of $114k, spending 138% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $64k to $82k (+29%), an average of +29% a year. The sharpest change came in the year to September 2023, when income rose by 29%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Ludlow Senior Center Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Sausalito Foundation ($82k), Crossing Over Ministries Outreach ($82k) and Ross Creek Housing Inc ($82k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. At year end it held assets of $438k against liabilities of $0, net assets of $438k.