Friends of the Sterling Seniors Inc

Analysis

Friends of the Sterling Seniors Inc is a registered charity in United States, based in Sterling, MA. It received its IRS tax-exemption ruling in June 2012, 14 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 July 2023, Friends of the Sterling Seniors Inc reported income of $57k and spending of $19k, leaving 67% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $57k to $57k (+0.0%), an average of +0.0% a year. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Sterling Seniors Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Teen Parents Succeeding Inc ($57k), North Scott Food Pantry ($57k) and Randy Johnson Memorial Foundation ($57k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.