Boone County Senior Services Inc

Analysis

Boone County Senior Services Inc is a registered charity in United States, based in Lebanon, IN. It received its IRS tax-exemption ruling in May 1979, 47 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, Boone County Senior Services Inc reported income of $1.4m and spending of $1.6m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boone County Senior Services Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Early Impact Virginia ($1.4m), Imgn Communities Inc ($1.4m) and Pets Are Wonderful Support-Los Angeles ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 64% of the total. Other salaries and wages came to $756k. At year end it held assets of $2.0m against liabilities of $37k, net assets of $2.0m. It reported 41 employees.