Laurens Senior Pioneers Inc

Analysis

Laurens Senior Pioneers Inc is a registered charity in United States, based in Laurens, IA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Laurens Senior Pioneers Inc reported income of $3.6m and spending of $3.5m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.9m to $3.6m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2024, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurens Senior Pioneers Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Headwaters Foundation for Justice ($3.6m), Step Denver ($3.6m) and Eastern Star Home of South Dakota Incorporated ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $2.2m against liabilities of $276k, net assets of $1.9m. It reported 96 employees.