Senior Citizens Inc

Analysis

Senior Citizens Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in March 1989, 37 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 December 2023, Senior Citizens Inc reported income of $58k and spending of $62k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $58k (+7.6%), an average of +7.6% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Road Runners Club of America ($58k), Eureka Heritage Society Incorporated ($58k) and Dayton Society of Painters and Sculptors ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 3.5% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.