Osage Senior Citizens

Analysis

Osage Senior Citizens is a registered charity in United States, based in Osage, IA. It received its IRS tax-exemption ruling in January 1974, 52 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, Osage Senior Citizens reported income of $57k and spending of $61k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $57k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 20%. 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, Osage Senior Citizens sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within IA. Charities of a similar size with the same main cause include Fellow Countrymen ($57k), Kanawha Deputy Sheriffs Association Inc ($57k) and Maine Genealogical Society ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $13k (22% of expenses). Other salaries and wages came to $23k. At year end it held assets of $95k against liabilities of $0, net assets of $95k.