Seniors Job Bank Inc

Analysis

Seniors Job Bank Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Seniors Job Bank Inc reported income of $82k and spending of $87k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $82k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Seniors Job Bank Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include Police Fire Memorial Foundation of Yonkers Inc ($82k), Mountain Empire Regional Business Incubator Inc ($82k) and The Heidi Group Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $304k against liabilities of $0, net assets of $304k.