Menorah Park Center for Senior Living

Analysis

Menorah Park Center for Senior Living is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in October 1938, 88 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 2023, Menorah Park Center for Senior Living reported income of $86.4m and spending of $85.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $78.7m to $86.4m (+9.8%), an average of +2.4% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Menorah Park Center for Senior Living sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Independent Group Home Living Program Inc ($86.4m), Western Reserve Area Agency on Aging ($86.7m) and Pesi Inc ($86.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $867k (1.0% of expenses). Other salaries and wages came to $46.0m. At year end it held assets of $97.6m against liabilities of $69.8m, net assets of $27.8m. It reported 1,528 employees.