Fort Covington Senior Citizens

Analysis

Fort Covington Senior Citizens is a registered charity in United States, based in Ft Covington, NY. It received its IRS tax-exemption ruling in October 1979, 47 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, Fort Covington Senior Citizens reported income of $148k and spending of $133k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $148k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fort Covington Senior Citizens sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Touch Outreach & Development Inc ($148k), Elizabeth Ministry International Inc ($148k) and Agape Farmhands ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. At year end it held assets of $147k against liabilities of $134, net assets of $147k.