Ballston Area Senior Citizens Inc

Analysis

Ballston Area Senior Citizens Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in May 2002, 24 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, Ballston Area Senior Citizens Inc reported income of $74k and spending of $90k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $74k (-3.6%), an average of -3.6% a year. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ballston Area Senior Citizens Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Morehart Housing Foundation ($74k), Without Borders International ($74k) and Giannas House-Pregnancy Resource Center Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $347k against liabilities of $1,760, net assets of $345k.