Friends of the Senior Center Inc

Analysis

Friends of the Senior Center Inc is a registered charity in United States, based in N Chelmsford, MA. It received its IRS tax-exemption ruling in September 1983, 43 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 June 2024, Friends of the Senior Center Inc reported income of $136k and spending of $114k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $79k to $136k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 204%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Senior Center Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Wilton Interfaith Council Inc ($136k), Fraternal Order of Moai Foundation ($136k) and Anointed Victorious Outreach Services ($136k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 36% of the total. At year end it held assets of $900k against liabilities of $0, net assets of $900k.