Peter Cardella Senior Citizen Center Inc

Analysis

Peter Cardella Senior Citizen Center Inc is a registered charity in United States, based in Ridgewood, NY. It received its IRS tax-exemption ruling in January 1977, 49 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 June 2023, Peter Cardella Senior Citizen Center Inc reported income of $3.1m and spending of $2.9m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $3.1m (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peter Cardella Senior Citizen Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Blue Mountain Heart to Heart ($3.1m), Ah Haa School for the Arts ($3.1m) and Educational Foundation of Alpha Gamma Rho ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.0m against liabilities of $121k, net assets of $907k. It reported 38 employees.