Steuben Senior Services Fund Inc

Analysis

Steuben Senior Services Fund Inc is a registered charity in United States, based in Bath, NY. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Steuben Senior Services Fund Inc reported income of $214k and spending of $233k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $214k (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steuben Senior Services Fund Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Purest Academy for Kids Inc ($214k), Southwest High School Performing Arts Council ($214k) and Build Pagosa Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $58k (25% of expenses). Other salaries and wages came to $61k. At year end it held assets of $477k against liabilities of $0, net assets of $477k. It reported 3 employees.