University Center for Senior Citizens Inc

Analysis

University Center for Senior Citizens Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, University Center for Senior Citizens Inc reported income of $625k and spending of $547k, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $587k to $625k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, University Center for Senior Citizens Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Reisterstown Village Senior Housing Inc ($624k), Restoration Housing ($625k) and Albany Area Habitat for Humanity ($624k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $2.0m against liabilities of $1.7m, net assets of $274k.