Culver City Senior Citizens Association Inc

Analysis

Culver City Senior Citizens Association Inc is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Culver City Senior Citizens Association Inc reported income of $263k and spending of $160k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $173k to $263k (+52%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 74%. 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, Culver City Senior Citizens Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Veterans Honor Flight of Southern Illinois ($263k), Apostle Immigrant Services Corporation ($263k) and Performance Learning Cooperative ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $408k against liabilities of $13k, net assets of $395k.