Paynter Senior Center Inc

Analysis

Paynter Senior Center Inc is a registered charity in United States, based in Clayton, NY. It received its IRS tax-exemption ruling in April 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 (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, Paynter Senior Center Inc reported income of $98k and spending of $120k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $98k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paynter Senior Center Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Revive Liberia Missions Inc ($98k), Therapeutic Adventures Inc ($98k) and Sandbox Group Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $144k against liabilities of $25, net assets of $144k.