Heritage Senior Center Inc
Analysis
Heritage Senior Center Inc is a registered charity in United States, based in Dover, PA. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heritage Senior Center Inc reported income of $383k and spending of $243k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $584k to $383k (-35%), an average of -10% a year. The sharpest change came in the year to June 2020, when income dropped by 37%. Over the whole period it spent 55% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heritage Senior Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Friendship Circle a NJ Nonprofit Corporation ($383k), Domicilia Inc ($383k) and Letters Charity ($383k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $38k (16% of expenses). Other salaries and wages came to $33k. At year end it held assets of $1.4m against liabilities of $17k, net assets of $1.4m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 63%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friendship Circle a NJ Nonprofit Corporation | Manalapan | $383k |
| Domicilia Inc | Watertown | $383k |
| Letters Charity | Chicago | $383k |
| Horseplay Therapy Center Inc | St Augustine | $383k |