Senior Projects of Ravena Inc

Analysis

Senior Projects of Ravena Inc is a registered charity in United States, based in Ravena, NY. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Senior Projects of Ravena Inc reported income of $736k and spending of $696k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $464k to $736k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Projects of Ravena Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Eastside Early Learning Center ($736k), St Pauls Preschool & Childcare Inc ($736k) and Dakota Indian Foundation Inc ($736k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Other salaries and wages came to $264k. At year end it held assets of $620k against liabilities of $46k, net assets of $574k. It reported 26 employees.