Bozeman Senior Social Center Inc
Analysis
Bozeman Senior Social Center Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in April 1969, 57 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 2024, Bozeman Senior Social Center Inc reported income of $1.1m and spending of $1.0m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $922k to $1.1m (+24%), an average of +4.3% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bozeman Senior Social Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include Latino Family Institute Inc ($1.1m), East Bay Spanish Speaking Citizens Foundation ($1.1m) and RX Art Inc ($1.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $106k (11% of expenses). Other salaries and wages came to $397k. At year end it held assets of $2.6m against liabilities of $77k, net assets of $2.5m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 20%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Latino Family Institute Inc | West Covina | $1.1m |
| East Bay Spanish Speaking Citizens Foundation | Oakland | $1.1m |
| RX Art Inc | New York | $1.1m |
| S M Wright Foundation | Farmers BRNCH | $1.1m |