Senior Citizens Service Inc

Analysis

Senior Citizens Service Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in October 1965, 61 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, Senior Citizens Service Inc reported income of $1.7m and spending of $1.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Service Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Meals on Wheels of Cheyenne Inc ($1.7m), Cardinal Ritter Institute Residential Services Corporation ($1.7m) and St Vincent Depaul Society of Sauk Prairie-Roxbury Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $102k (5.7% of expenses). Other salaries and wages came to $892k. At year end it held assets of $2.1m against liabilities of $328k, net assets of $1.8m. It reported 74 employees.