Eastside Senior Citizens Association

Analysis

Eastside Senior Citizens Association is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in July 1981, 45 years ago. 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, Eastside Senior Citizens Association reported income of $248k and spending of $272k, spending 110% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $206k to $248k (+20%), an average of +6.3% a year. The sharpest change came in the year to September 2020, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastside Senior Citizens Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Pacific Soccer Club ($248k), Glocester Manton Free Public Library ($248k) and Center for Community Counseling ($248k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (19% of expenses). Other salaries and wages came to $67k. At year end it held assets of $589k against liabilities of $6,142, net assets of $583k. It reported 5 employees.