Rosemary Montagno Senior Center Inc

Analysis

Rosemary Montagno Senior Center Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Rosemary Montagno Senior Center Inc reported income of $56k and spending of $69k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $56k (+105%), an average of +105% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 164% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rosemary Montagno Senior Center Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Blessed Portion Ministries Inc ($56k), Compassionate Outreach to the Metro East Come Incorporated ($56k) and Save R Kids Childrens Homes Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 76% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.