Swartz Creek Area Senior Citizens Inc

Analysis

Swartz Creek Area Senior Citizens Inc is a registered charity in United States, based in Swartz Creek, MI. It received its IRS tax-exemption ruling in September 1982, 44 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 June 2024, Swartz Creek Area Senior Citizens Inc reported income of $259k and spending of $265k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $185k to $259k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Swartz Creek Area Senior Citizens Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Aftermath Foundation ($259k), Bridges Training Foundation ($259k) and Welcome Project Pa ($258k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 69% of the total. Other salaries and wages came to $94k. At year end it held assets of $649k against liabilities of $27k, net assets of $621k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.