Senior Advocates for Generational Equity Inc
Analysis
Senior Advocates for Generational Equity Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2012, 14 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 June 2023, Senior Advocates for Generational Equity Inc reported income of $373k and spending of $259k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $379k to $373k (-1.6%), an average of -0.5% a year. Over the whole period it spent 70% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Advocates for Generational Equity Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Grand Avenue Community Outreach ($373k), Syv Fruit & Vegetable Rescue ($373k) and Hopi Tutskwa Permaculture Institute Inc ($373k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $92k (36% of expenses). Other salaries and wages came to $37k. At year end it held assets of $508k against liabilities of $5,552, net assets of $502k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 0.8%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grand Avenue Community Outreach | Spencer | $373k |
| Syv Fruit & Vegetable Rescue | Santa Ynez | $373k |
| Hopi Tutskwa Permaculture Institute Inc | Kykotsmovi | $373k |
| Precious Living Inc | Stone MTN | $373k |