Seniorage Area Agency on Aging

Analysis

Seniorage Area Agency on Aging is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 1979, 47 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, Seniorage Area Agency on Aging reported income of $19.5m and spending of $19.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.8m to $19.5m (+65%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seniorage Area Agency on Aging sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Crossroads Community Services Inc ($19.5m), Samaritan Bethany Inc ($19.5m) and Snowline Health ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $596k (3.1% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $7.3m against liabilities of $4.7m, net assets of $2.6m. It reported 276 employees.