Senior Citizens Council of Rome New York Inc

Analysis

Senior Citizens Council of Rome New York Inc is a registered charity in United States, based in Rome, NY. It received its IRS tax-exemption ruling in March 1967, 59 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, Senior Citizens Council of Rome New York Inc reported income of $390k and spending of $462k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $489k to $390k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Council of Rome New York Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Marquette County Fair ($390k), Employee Emergency Fund ($390k) and Texas Communications Expo Inc ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 39% of the total. Other salaries and wages came to $227k. At year end it held assets of $576k against liabilities of $90k, net assets of $486k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.