Senior Eagle River Volunteer Enterprises Inc

Analysis

Senior Eagle River Volunteer Enterprises Inc is a registered charity in United States, based in Eagle River, WI. It received its IRS tax-exemption ruling in November 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Senior Eagle River Volunteer Enterprises Inc reported income of $176k and spending of $57k, leaving 68% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $63k to $176k (+178%), an average of +67% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Eagle River Volunteer Enterprises Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Clark Fork Valley Ambulance Service Inc ($176k), Church Women United ($176k) and Key Peninsula Civic Center Association ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 7.6% of the total. At year end it held assets of $499k against liabilities of $9, net assets of $499k.