Telespond Senior Services Inc

Analysis

Telespond Senior Services Inc is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in March 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 June 2023, Telespond Senior Services Inc reported income of $2.6m and spending of $1.9m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.6m (+89%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 101%. 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, Telespond Senior Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include United Methodist Childrens Services of Wisconsin Inc ($2.6m), Cabarrus County Group Homes Inc ($2.6m) and Children of Promise Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $79k (4.2% of expenses). Other salaries and wages came to $576k. At year end it held assets of $1.9m against liabilities of $398k, net assets of $1.5m. It reported 51 employees.