Rapides Senior Citizens Center Inc

Analysis

Rapides Senior Citizens Center Inc is a registered charity in United States, based in Pineville, LA. It received its IRS tax-exemption ruling in February 1974, 52 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 2023, Rapides Senior Citizens Center Inc reported income of $1.0m and spending of $1.1m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $840k to $1.0m (+24%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rapides Senior Citizens Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include Iowa Chapter of the Foundation for North American Wild Sheep ($1.0m), California Foundation for Agriculture in the Classroom ($1.0m) and Feather River College Foundation Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (6.4% of expenses). Other salaries and wages came to $407k. At year end it held assets of $649k against liabilities of $17k, net assets of $632k. It reported 35 employees.