Five Towns Senior Center Inc

Analysis

Five Towns Senior Center Inc is a registered charity in United States, based in Hewlett, NY. It received its IRS tax-exemption ruling in September 1956, 70 years ago. 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 December 2022, Five Towns Senior Center Inc reported income of $66k and spending of $70k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $102k to $66k (-36%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Five Towns Senior Center Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($66k), Grand Strand Community Law Enforcement Committee ($66k) and Association of Fundraising Professionals ($66k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $18k (26% of expenses). At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.