Doubleday Babcock Senior Center Inc

Analysis

Doubleday Babcock Senior Center Inc is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in July 1980, 46 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 December 2023, Doubleday Babcock Senior Center Inc reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.4m (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 78%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Doubleday Babcock Senior Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Help in Crisis ($1.4m), Fairport Baptist Homes Adult Care Facility Inc ($1.4m) and Contentment Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $94k (7.6% of expenses). Other salaries and wages came to $501k. At year end it held assets of $6.0m against liabilities of $47k, net assets of $5.9m. It reported 30 employees.