Partnership for Seniors Inc

Analysis

Partnership for Seniors Inc is a registered charity in United States, based in Leeds, ME. It received its IRS tax-exemption ruling in September 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Partnership for Seniors Inc reported income of $342k and spending of $321k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $313k to $342k (+9.0%), an average of +2.2% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Partnership for Seniors Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include International Order of the Rainbow Girls ($342k), Nassau Music Educators Association ($342k) and West Bank CDC Inc ($342k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $73k. At year end it held assets of $434k against liabilities of $1.1m, net assets of -$684k. It reported 2 employees.