Fortuna Senior Services Inc

Analysis

Fortuna Senior Services Inc is a registered charity in United States, based in Fortuna, CA. It received its IRS tax-exemption ruling in August 2004, 22 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 June 2024, Fortuna Senior Services Inc reported income of $716k and spending of $93k, leaving 87% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $81k to $716k (+788%), an average of +73% a year. The sharpest change came in the year to June 2021, when income rose by 185%. Over the whole period it spent 15% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fortuna Senior Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include South Dakota Parent Connection ($716k), Rec2connect Foundation ($716k) and Love Inc of Mahaska County ($716k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 4.4% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.