Iron River Senior Citizens Council

Analysis

Iron River Senior Citizens Council is a registered charity in United States, based in Iron River, MI. It received its IRS tax-exemption ruling in October 2000, 26 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, Iron River Senior Citizens Council reported income of $114k and spending of $59k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $114k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iron River Senior Citizens Council sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Alhambra Day Nursery ($114k), Escondido Senior Enterprises ($114k) and Family Voices of Alabama Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.