West Toledo Senior People Inc

Analysis

West Toledo Senior People Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in July 1979, 47 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, West Toledo Senior People Inc reported income of $205k and spending of $226k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $205k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Toledo Senior People Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Pasos for Oak Cliff ($205k), North Strand Helping Hand ($205k) and Sweet Home Alumni Foundation ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $72k (32% of expenses). Other salaries and wages came to $65k. At year end it held assets of $310k against liabilities of $9,378, net assets of $300k. It reported 6 employees.