Frenchtown Senior Citizens Inc

Analysis

Frenchtown Senior Citizens Inc is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in October 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 December 2023, Frenchtown Senior Citizens Inc reported income of $648k and spending of $622k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $648k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frenchtown Senior Citizens Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Libera Inc ($648k), Needs Inc ($648k) and Keaton Franklin Coker Foundation Inc ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.9% of the total. Other salaries and wages came to $356k. At year end it held assets of $445k against liabilities of $47k, net assets of $399k. It reported 16 employees.