Senior Resource Services

Analysis

Senior Resource Services is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in October 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, Senior Resource Services reported income of $327k and spending of $342k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $242k to $327k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Resource Services sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Clubhouse for Special Needs Inc ($327k), Daughters of Mary Mother of Healing Love ($327k) and Childrens Advocacy Center ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $142k. At year end it held assets of $206k against liabilities of $21k, net assets of $185k. It reported 10 employees.