Polo Area Senior Services Inc

Analysis

Polo Area Senior Services Inc is a registered charity in United States, based in Polo, IL. It received its IRS tax-exemption ruling in September 2011, 15 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 2024, Polo Area Senior Services Inc reported income of $83k and spending of $126k, spending 152% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $103k to $83k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 146% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Polo Area Senior Services Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Weatherford Rotary Foundation ($83k), Spotsylvania Emergency Concerns Association Inc ($83k) and Destin House Inc ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $1,251, net assets of $180k.