Alamosa Senior Citizens Inc

Analysis

Alamosa Senior Citizens Inc is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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 December 2023, Alamosa Senior Citizens Inc reported income of $114k and spending of $150k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $114k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alamosa Senior Citizens Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Hopkinton Public Library Foundation of Hopkinton NH ($114k), Sodus Bay Historical Society ($114k) and Titusville Soccer Club Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $51k (34% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.0m against liabilities of $8,569, net assets of $1.0m. It reported 3 employees.