Senior Resources Inc of Jennings

Analysis

Senior Resources Inc of Jennings is a registered charity in United States, based in North Vernon, IN. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Senior Resources Inc of Jennings reported income of $81k and spending of $64k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $69k to $81k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Resources Inc of Jennings sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Laborers with Christ ($81k), Options Housing Alternatives Incorporated ($81k) and Bnai Brith Housing Inc ($81k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $4,058 (6.4% of expenses). Other salaries and wages came to $13k. At year end it held assets of $144k against liabilities of $0, net assets of $144k. It reported 3 employees.