Westerly Senior Citizen Center Association

Analysis

Westerly Senior Citizen Center Association is a registered charity in United States, based in Westerly, RI. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2024, Westerly Senior Citizen Center Association reported income of $484k and spending of $446k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $312k to $484k (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 32%. 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, Westerly Senior Citizen Center Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within RI. Charities of a similar size with the same main cause include Mustard Seed Furniture Bank of Fort Wayne Inc ($484k), Pro-Life Union of Greater Philadelphia ($484k) and Just Heart Foundation Inc ($484k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $79k (18% of expenses). Other salaries and wages came to $238k. At year end it held assets of $179k against liabilities of $29k, net assets of $150k. It reported 30 employees.