Cannon Valley Senior Center

Analysis

Cannon Valley Senior Center is a registered charity in United States, based in Cannon Falls, MN. It received its IRS tax-exemption ruling in November 1996, 30 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, Cannon Valley Senior Center reported income of $61k and spending of $45k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $61k (+3.5%), an average of +3.5% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cannon Valley Senior Center sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include York County Harley Davidson Owners Association Inc ($61k), Sisters in Service Foundation Inc ($61k) and Instruments of Health ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 23% of the total. At year end it held assets of $69k against liabilities of $977, net assets of $68k.