Northfield Senior Citizens Inc

Analysis

Northfield Senior Citizens Inc is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in March 1979, 47 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, Northfield Senior Citizens Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northfield Senior Citizens Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include The Christophers Inc ($1.2m), New Jersey Association of Special Education Partner Schools Inc ($1.2m) and Every1 Can Work ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $86k (7.7% of expenses). Other salaries and wages came to $423k. At year end it held assets of $3.6m against liabilities of $348k, net assets of $3.2m. It reported 18 employees.