Serving Seniors Inc

Analysis

Serving Seniors Inc is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Serving Seniors Inc reported income of $672k and spending of $628k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $351k to $672k (+91%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serving Seniors Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Foundation for Opthamological Care From United States Inc ($672k), Clear Minds Coaching & Counseling LLC ($672k) and Healthy Scholars Foundation ($671k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $61k (9.8% of expenses). Other salaries and wages came to $299k. At year end it held assets of $493k against liabilities of $78k, net assets of $415k. It reported 15 employees.