Phillipsburg Senior Center Inc

Analysis

Phillipsburg Senior Center Inc is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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, Phillipsburg Senior Center Inc reported income of $73k and spending of $65k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $28k to $73k (+161%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phillipsburg Senior Center Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Sauk Centre Youth Hockey Association ($73k), Carnegie Free Library ($73k) and The York County Fife and Drum Corps ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.