Crookston Area Seniors Association Inc

Analysis

Crookston Area Seniors Association Inc is a registered charity in United States, based in Crookston, MN. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Crookston Area Seniors Association Inc reported income of $281k and spending of $286k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $281k (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crookston Area Seniors Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Debtors Anonymous General Service Board Inc ($281k), Association of Texas Midwives Inc ($281k) and National Ski Patrol System Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 43% of the total. Other salaries and wages came to $105k. At year end it held assets of $174k against liabilities of $1,988, net assets of $172k. It reported 12 employees.