Quinebaug Valley Senior Citizens Center Inc

Analysis

Quinebaug Valley Senior Citizens Center Inc is a registered charity in United States, based in Brooklyn, CT. It received its IRS tax-exemption ruling in May 1974, 52 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, Quinebaug Valley Senior Citizens Center Inc reported income of $133k and spending of $119k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $112k to $133k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Quinebaug Valley Senior Citizens Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include Lee County Special Housing Inc ($133k), Hattiesburg Arts Council ($133k) and Western Social Science Association ($133k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 22% of the total. At year end it held assets of $207k against liabilities of $5,995, net assets of $201k.