Platte Senior Services Inc

Analysis

Platte Senior Services Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 1983, 43 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 December 2023, Platte Senior Services Inc reported income of $489k and spending of $481k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $489k (+125%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 121%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Platte Senior Services Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Lake Superior YMCA Foundation Inc ($489k), Gildas Club South Jersey Inc ($489k) and Rez Refuge Ministries Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.9% of the total. Other salaries and wages came to $177k. At year end it held assets of $237k against liabilities of $2,678, net assets of $234k. It reported 8 employees.