Senior Care Connection Inc

Analysis

Senior Care Connection Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 Care Connection Inc reported income of $45.4m and spending of $38.7m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.4m to $45.4m (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Care Connection Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include The Young Mens Christian Association of Floridas First ($45.3m), University Surgical Associates Inc ($45.4m) and Catholic Charities of Dallas Inc ($45.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 96% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $36.1m against liabilities of $9.8m, net assets of $26.2m. It reported 236 employees.