Northwest Senior Resources Incorporated

Analysis

Northwest Senior Resources Incorporated is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in April 1978, 48 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 September 2023, Northwest Senior Resources Incorporated reported income of $18.3m and spending of $18.5m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.9m to $18.3m (+15%), an average of +3.5% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest Senior Resources Incorporated sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include The Citizens Foundation USA ($18.3m), Fii - National ($18.3m) and Marc Lustgarten Pancreatic Cancer Foundation ($18.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $139k (0.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.8m against liabilities of $1.5m, net assets of $4.2m. It reported 53 employees.