Horace J Inman Senior Center Inc

Analysis

Horace J Inman Senior Center Inc is a registered charity in United States, based in Amsterdam, NY. It received its IRS tax-exemption ruling in June 1986, 40 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 June 2023, Horace J Inman Senior Center Inc reported income of $180k and spending of $103k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $107k to $180k (+68%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Horace J Inman Senior Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Chris 180 Support Organization Inc ($180k), Great River Outreach NFP ($180k) and Ner Malka Inc ($180k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 65% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.