Bemidji Senior Center

Analysis

Bemidji Senior Center is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in May 1985, 41 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, Bemidji Senior Center reported income of $102k and spending of $87k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $102k (-11%), an average of -11% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bemidji Senior Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Oklahoma Literacy Coalition Inc ($102k), Emunah Project Inc ($102k) and Tenco Foundation Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $34k (39% of expenses). Other salaries and wages came to $9,682. At year end it held assets of $349k against liabilities of $884, net assets of $348k. It reported 2 employees.