Center for Active Seniors Inc

Analysis

Center for Active Seniors Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in December 1973, 53 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 June 2023, Center for Active Seniors Inc reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.7m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Active Seniors Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Richard and Ida Calhoun Fund ($1.7m), Hillel the Foundation for Jewish Campus Life ($1.7m) and Maccanon Brown Homeless Sanctuary Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $148k (9.6% of expenses). Other salaries and wages came to $689k. At year end it held assets of $4.0m against liabilities of $286k, net assets of $3.7m. It reported 32 employees.