Nanticoke Senior Center Inc
Analysis
Nanticoke Senior Center Inc is a registered charity in United States, based in Seaford, DE. It received its IRS tax-exemption ruling in April 1978, 48 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 June 2024, Nanticoke Senior Center Inc reported income of $937k and spending of $874k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $717k to $937k (+31%), an average of +5.5% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nanticoke Senior 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 78th percentile, and in the 74th percentile within DE. Charities of a similar size with the same main cause include Christian Renewal Ministries Inc ($937k), Palatka Retirement Villas Inc ($938k) and Catholic Charities Diocese of Fort Worth Endowment Inc ($937k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Other salaries and wages came to $370k. At year end it held assets of $1.5m against liabilities of $104k, net assets of $1.4m. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 8.9%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Renewal Ministries Inc | Milltown | $937k |
| Palatka Retirement Villas Inc | Jacksonville | $938k |
| Catholic Charities Diocese of Fort Worth Endowment Inc | Fort Worth | $937k |
| Carden of Tucson | Tucson | $938k |