Bensalem Senior Citizens Assoc

Analysis

Bensalem Senior Citizens Assoc is a registered charity in United States, based in Bensalem, PA. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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 June 2024, Bensalem Senior Citizens Assoc reported income of $362k and spending of $298k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $320k to $362k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income dropped by 35%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bensalem Senior Citizens Assoc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include National Society for Experiential Education ($362k), Art Prevails Project ($362k) and Walter M Matthews & John M Sheehan Metal Lathers Loc 46 SCHLRSHP Fund ($362k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $59k (20% of expenses). Other salaries and wages came to $38k. At year end it held assets of $342k against liabilities of $15k, net assets of $327k. It reported 3 employees.