Intercultural Senior Center
Analysis
Intercultural Senior Center is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in October 2010, 16 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, Intercultural Senior Center reported income of $2.6m and spending of $2.2m, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $2.6m (+40%), an average of +6.9% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 82% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Intercultural Senior Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include My Stuff Bags Foundation ($2.6m), Family Initiative Incorporated ($2.6m) and The Avenue Family Network Inc ($2.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $129k (5.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.6m against liabilities of $143k, net assets of $7.4m. It reported 53 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| My Stuff Bags Foundation | Westlake VLG | $2.6m |
| Family Initiative Incorporated | Cape Coral | $2.6m |
| The Avenue Family Network Inc | Benton Harbor | $2.6m |
| Beckel Inc | Roswell | $2.6m |