Services for Seniors Inc

Analysis

Services for Seniors Inc is a registered charity in United States, based in Hilo, HI. It received its IRS tax-exemption ruling in July 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 June 2024, Services for Seniors Inc reported income of $323k and spending of $276k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $506k to $323k (-36%), an average of -8.6% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Services for Seniors Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within HI. Charities of a similar size with the same main cause include Haft Inc ($323k), Backyard Blessings ($323k) and Shelter Tech ($323k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $163k. At year end it held assets of $103k against liabilities of $37k, net assets of $66k. It reported 7 employees.