Forest Township Area Senior Centerinc

Analysis

Forest Township Area Senior Centerinc is a registered charity in United States, based in Otisville, MI. It received its IRS tax-exemption ruling in February 2008, 18 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, Forest Township Area Senior Centerinc reported income of $202k and spending of $211k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $191k to $202k (+5.9%), an average of +5.9% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forest Township Area Senior Centerinc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Good Local Market Inc ($202k), Linn Community Food Bank Inc ($202k) and Faith in Action Caregivers Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 25% of the total. Other salaries and wages came to $95k. At year end it held assets of $112k against liabilities of $3,334, net assets of $109k. It reported 7 employees.