Yellow Springs Senior Citizens Inc

Analysis

Yellow Springs Senior Citizens Inc is a registered charity in United States, based in Yellow Springs, OH. It received its IRS tax-exemption ruling in November 1976, 50 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, Yellow Springs Senior Citizens Inc reported income of $394k and spending of $455k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $394k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yellow Springs Senior Citizens Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include St Genevieve Golden Age Club Inc ($394k), Maryland Federation of Art Inc ($394k) and Surfside Players Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $215k. At year end it held assets of $915k against liabilities of $305k, net assets of $610k. It reported 23 employees.