Heart of Senior Citizen Services
Analysis
Heart of Senior Citizen Services is a registered charity in United States, based in Mount Morris, MI. It received its IRS tax-exemption ruling in July 1998, 28 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 September 2023, Heart of Senior Citizen Services reported income of $314k and spending of $332k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $275k to $314k (+14%), an average of +3.3% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 103% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart of Senior Citizen Services sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Scholl Community Impact Group ($314k), Village to Village International Inc ($314k) and Phillipsburg Child Care Center Inc ($314k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $53k (16% of expenses). Other salaries and wages came to $123k. At year end it held assets of $303k against liabilities of $29k, net assets of $274k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 18%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Scholl Community Impact Group | Winchester | $314k |
| Village to Village International Inc | South Bend | $314k |
| Phillipsburg Child Care Center Inc | Phillipsburg | $314k |
| Tutwiler Community Education Center Inc | Tutwiler | $314k |