Senior Charity Care Foundation

Analysis

Senior Charity Care Foundation is a registered charity in United States, based in Layton, UT. It received its IRS tax-exemption ruling in December 2011, 15 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 2022, Senior Charity Care Foundation reported income of $725k and spending of $629k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $662k to $725k (+9.6%), an average of +3.1% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Charity Care Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include Hive Mentality ($725k), New Beginnings Child Care of Montgomery County Indiana Inc ($725k) and Global Innovation Fund ($725k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $213k. It paid $41k in professional fundraising fees. At year end it held assets of $572k against liabilities of $392k, net assets of $180k. It reported 15 employees.