Fargo Senior Center Inc

Analysis

Fargo Senior Center Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fargo Senior Center Inc reported income of $183k and spending of $1,600, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $266k to $183k (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 1.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Fargo Senior Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Christian Help Center Church ($183k), Mesa Housing Inc ($183k) and Community Action Housing Development Corporation ($183k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.4m against liabilities of $5.0m, net assets of $2.5m.