Eaton Area Senior Center Inc

Analysis

Eaton Area Senior Center Inc is a registered charity in United States, based in Charlotte, MI. It received its IRS tax-exemption ruling in July 1999, 27 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, Eaton Area Senior Center Inc reported income of $250k and spending of $244k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $163k to $250k (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eaton Area Senior Center Inc sits at the 53rd percentile: it is larger than about 52% 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 Assistance League of Klamath Basin ($250k), Cozad Haymaker Grand Generation Inc ($250k) and Petal Childrens Task Force Inc ($250k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $67k (28% of expenses). At year end it held assets of $499k against liabilities of $35k, net assets of $464k. It reported 2 employees.