Ashland Senior Community Center Inc

Analysis

Ashland Senior Community Center Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ashland Senior Community Center Inc reported income of $243k and spending of $211k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $243k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ashland Senior Community Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Compass CBS Foundation ($243k), Unitarian Universalist Justice Pennsylvania ($243k) and Friends of the Columbia River Gateway ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $40k (19% of expenses). Other salaries and wages came to $57k. At year end it held assets of $403k against liabilities of $2,611, net assets of $400k. It reported 4 employees.