Start Senior Solutions

Analysis

Start Senior Solutions is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in February 2012, 14 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, Start Senior Solutions reported income of $334k and spending of $343k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $262k to $334k (+28%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Start Senior Solutions sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Jim Riley Outreach Inc ($334k), Sister Thea Bowman Black Catholic Education Foundation ($334k) and Glendale Library Arts & Culture Trust ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $96k (28% of expenses). Other salaries and wages came to $156k. At year end it held assets of $185k against liabilities of $24k, net assets of $160k. It reported 7 employees.