Senior Services of Boone County Inc

Analysis

Senior Services of Boone County Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in July 1989, 37 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 2023, Senior Services of Boone County Inc reported income of $435k and spending of $415k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $313k to $435k (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Services of Boone County Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Community Assistance Center ($435k), Road Runners Club of America ($435k) and Netroots Foundation ($435k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 56% of the total. Other salaries and wages came to $80k. At year end it held assets of $1.1m against liabilities of $300, net assets of $1.1m. It reported 4 employees.