Huron Area Senior Center

Analysis

Huron Area Senior Center is a registered charity in United States, based in Huron, SD. It received its IRS tax-exemption ruling in January 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 (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, Huron Area Senior Center reported income of $742k and spending of $818k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $576k to $742k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Huron Area Senior Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within SD. Charities of a similar size with the same main cause include Richmond Eldercare Coalition ($742k), Independent Transportation Network Monterey County ($742k) and Mennonite Fellowship Home Inc ($742k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 3.7% of the total. Other salaries and wages came to $316k. At year end it held assets of $1.3m against liabilities of $252k, net assets of $1.0m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.