Siouxland Senior Center

Analysis

Siouxland Senior Center is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in June 1972, 54 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 June 2023, Siouxland Senior Center reported income of $412k and spending of $473k, spending 115% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $369k to $412k (+12%), an average of +3.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Siouxland Senior Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Ihe USA ($412k), Grass Roots-From the People for the People Inc ($412k) and Caring for Bethlehem Inc ($412k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $68k (14% of expenses). At year end it held assets of $2.7m against liabilities of $164k, net assets of $2.5m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.