Senior Citizens of Charles City Area

Analysis

Senior Citizens of Charles City Area is a registered charity in United States, based in Charles City, IA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Senior Citizens of Charles City Area reported income of $65k and spending of $32k, leaving 51% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $20k to $65k (+234%), an average of +27% a year. The sharpest change came in the year to August 2024, when income rose by 98%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens of Charles City Area sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IA. Charities of a similar size with the same main cause include Bible Made Simple Ministries ($65k), Abbeville County Historical Society Inc ($65k) and 1794 Meetinghouse Inc ($65k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 68% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k. It reported 2 employees.