Senior Citizen Center of the Rice Lake Area

Analysis

Senior Citizen Center of the Rice Lake Area is a registered charity in United States, based in Rice Lake, WI. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Senior Citizen Center of the Rice Lake Area reported income of $207k and spending of $182k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $207k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizen Center of the Rice Lake Area sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Grandmothers House of San Luis Obispo County ($207k), Comite Noviembre-Mes de LA Herencia Puertoriquena ($207k) and Budding Abode Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $92k (51% of expenses). Other salaries and wages came to $15k. At year end it held assets of $110k against liabilities of $23k, net assets of $87k. It reported 4 employees.