Main Line Senior Services Inc

Analysis

Main Line Senior Services Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in April 1981, 45 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 June 2023, Main Line Senior Services Inc reported income of $497k and spending of $519k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $486k to $497k (+2.3%), an average of +0.6% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Main Line Senior Services Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Downtown Islamic Center ($497k), Racine County Historical Society and Museum Inc ($497k) and Foundation for a Course in Miracles Inc ($497k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $68k (13% of expenses). Other salaries and wages came to $199k. At year end it held assets of $1.9m against liabilities of $215k, net assets of $1.7m. It reported 9 employees.