Center for Seniors

Analysis

Center for Seniors is a registered charity in United States, based in Wheeling, IL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Center for Seniors reported income of $6.9m and spending of $3.8m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.6m to $6.9m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Seniors sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Robert Russell Eastern Star-Masonic Center of Colorado Inc ($6.9m), The Arc of Walker County ($6.9m) and Home Life Incorporated ($6.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $73k (1.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $29.4m against liabilities of $53k, net assets of $29.4m. It reported 73 employees.