Clermont Senior Services Inc

Analysis

Clermont Senior Services Inc is a registered charity in United States, based in Batavia, OH. It received its IRS tax-exemption ruling in January 1973, 53 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, Clermont Senior Services Inc reported income of $8.3m and spending of $6.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.9m to $8.3m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clermont Senior Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OH. Charities of a similar size with the same main cause include Gibson County Area Rehabilitation Centers Inc ($8.3m), Peoples Place II Inc ($8.3m) and Western Illinois Agency on Aging Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $270k (3.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $13.2m against liabilities of $1.3m, net assets of $12.0m. It reported 108 employees.