Senior Citizens Activities Network Inc

Analysis

Senior Citizens Activities Network Inc is a registered charity in United States, based in Monmouth BCH, NJ. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Citizens Activities Network Inc reported income of $467k and spending of $417k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $467k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Senior Citizens Activities Network Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Mentor for Philly ($467k), Antiochian House of Studies Inc ($467k) and American Association of Bovine Practitioners Foundation Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 19% of the total. Other salaries and wages came to $247k. At year end it held assets of $126k against liabilities of $54k, net assets of $72k. It reported 12 employees.