Bureau County Senior Citizens Association Inc

Analysis

Bureau County Senior Citizens Association Inc is a registered charity in United States, based in Princeton, IL. It received its IRS tax-exemption ruling in August 1982, 44 years ago. 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 September 2023, Bureau County Senior Citizens Association Inc reported income of $402k and spending of $437k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $461k to $402k (-13%), an average of -3.4% a year. The sharpest change came in the year to September 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bureau County Senior Citizens Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Newby-Ginnings of North Idaho Inc ($402k), Friends of the Open School ($402k) and Spirit Life ($402k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $59k (13% of expenses). Other salaries and wages came to $145k. At year end it held assets of $125k against liabilities of $1,817, net assets of $123k. It reported 11 employees.