Oswegoland Seniors Inc

Analysis

Oswegoland Seniors Inc is a registered charity in United States, based in Oswego, IL. It received its IRS tax-exemption ruling in December 2009, 17 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 October 2023, Oswegoland Seniors Inc reported income of $895k and spending of $429k, leaving 52% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $366k to $895k (+145%), an average of +25% a year. The sharpest change came in the year to October 2023, when income rose by 259%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oswegoland Seniors Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Clecha ($895k), Kenya Education Fund ($895k) and Darby Rodeo Association ($895k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. At year end it held assets of $1.6m against liabilities of $998k, net assets of $630k. It reported 8 employees.