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Princeton Senior Resource Center

RegisteredEIN 22-2228083Princeton, NJPoverty relief
Income$1.7m2023-06
Spending$1.7msame year
Spent / received64%5-year average
Size in its cause81st pctPoverty relief
Exempt since1983Publicly supported organisat
Employees22latest return

Analysis

Princeton Senior Resource Center is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in May 1983, 43 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 2023, Princeton Senior Resource Center reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $900k to $1.7m (+86%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 112%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Princeton Senior Resource Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Caldwell County Christian Foundation ($1.7m), Timberline Learning Center ($1.7m) and Treatment Outreach Program Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $157k (9.5% of expenses). Other salaries and wages came to $677k. At year end it held assets of $8.0m against liabilities of $120k, net assets of $7.9m. It reported 22 employees.

Income and spending

$0$704k$1.4m$2.1m$2.8m2019 Income: $899,7772019 Spending: $780,54620192020 Income: $1,306,2422020 Spending: $970,71520202021 Income: $2,771,5752021 Spending: $1,212,56420212022 Income: $2,817,7772022 Spending: $1,400,78220222023 Income: $1,676,9522023 Spending: $1,656,1252023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Program services 11%
  • Other 8.1%

Similar-sized charities, same cause

CharityLocationIncome
Caldwell County Christian FoundationLockhart$1.7m
Timberline Learning CenterBreckenridge$1.7m
Treatment Outreach Program IncDelray Beach$1.7m
Council of Islamic Organizations of Greater ChicagoChicago$1.7m