Greater Grand Forks Senior Citizens Association Inc

Analysis

Greater Grand Forks Senior Citizens Association Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in November 1971, 55 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, Greater Grand Forks Senior Citizens Association Inc reported income of $3.3m and spending of $3.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.3m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 15%. 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, Greater Grand Forks Senior Citizens Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within ND. Charities of a similar size with the same main cause include Newton County Special Services Inc ($3.3m), Before and After School Child Care on Location Inc ($3.3m) and Community Emergency Services Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $166k (5.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.7m against liabilities of $198k, net assets of $1.5m. It reported 32 employees.