Stephenson County Senior Center

Analysis

Stephenson County Senior Center is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in April 1976, 50 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 June 2023, Stephenson County Senior Center reported income of $2.7m and spending of $2.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.7m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stephenson County Senior Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Rockford Community Service Center ($2.7m), Neighborhood Services Inc ($2.7m) and Regional Access Project Foundation Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $143k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $276k, net assets of $3.1m. It reported 47 employees.