James River Senior Citizens Center Inc

Analysis

James River Senior Citizens Center Inc is a registered charity in United States, based in Jamestown, ND. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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, James River Senior Citizens Center Inc reported income of $2.3m and spending of $1.8m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James River Senior Citizens Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within ND. Charities of a similar size with the same main cause include Cothoa Luncheon Club Inc ($2.3m), Angus Foundation ($2.3m) and Summit Support Services of Ashe Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $86k (4.9% of expenses). Other salaries and wages came to $844k. At year end it held assets of $3.5m against liabilities of $118k, net assets of $3.3m. It reported 58 employees.