Bay County Child and Senior Citizen Center Inc

Analysis

Bay County Child and Senior Citizen Center Inc is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Bay County Child and Senior Citizen Center Inc reported income of $1.4m and spending of $1.7m, spending 121% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.4m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2022, when income rose by 85%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay County Child and Senior Citizen Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Paul Carlson Medical Program Inc ($1.4m), Patrician Society of Central Norristown ($1.4m) and Open Door Adoption Agency Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $95k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.0m against liabilities of $338k, net assets of $678k. It reported 35 employees.