Seniorfirst Foundation Inc

Analysis

Seniorfirst Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seniorfirst Foundation Inc reported income of $118k and spending of $83k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $118k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seniorfirst Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Maria M Love Convalescent Fund ($118k), Five Two Foundation ($118k) and Beatitude House ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $1.8m against liabilities of $16k, net assets of $1.8m.