Ferndale Senior Resource Agency
Analysis
Ferndale Senior Resource Agency is a registered charity in United States, based in Ferndale, CA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Ferndale Senior Resource Agency reported income of $332k and spending of $355k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $332k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ferndale Senior Resource Agency sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Infinity Peer Support Cooperative ($332k), Williamston Area Senior Center ($332k) and Lakota Child Care Center ($332k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $65k (18% of expenses). Other salaries and wages came to $104k. At year end it held assets of $76k against liabilities of $6,418, net assets of $70k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 24%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Infinity Peer Support Cooperative | Rochester | $332k |
| Williamston Area Senior Center | Williamston | $332k |
| Lakota Child Care Center | Lakota | $332k |
| In the City for Good | Dallas | $332k |