Greenwood Senior Citizens Center

Analysis

Greenwood Senior Citizens Center is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in November 1982, 44 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, Greenwood Senior Citizens Center reported income of $245k and spending of $248k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $333k to $245k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greenwood Senior Citizens Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Well of Grace Ministries Incorporated ($245k), Youth Education & Health in Soulard ($245k) and Oakland Catholic Worker ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 28% of the total. Other salaries and wages came to $94k. At year end it held assets of $235k against liabilities of $95k, net assets of $140k. It reported 3 employees.