Forks Senior Center

Analysis

Forks Senior Center is a registered charity in United States, based in Albion, MI. It received its IRS tax-exemption ruling in February 2006, 20 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, Forks Senior Center reported income of $99k and spending of $110k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $99k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forks Senior Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Hope by Design Inc ($99k), Hear US Inc ($99k) and Spring of Hope Foundation Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 11% of the total. At year end it held assets of $153k against liabilities of $2,484, net assets of $150k.