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Senior Advocates for Generational Equity Inc

RegisteredEIN 45-3599268Portland, ORPoverty relief
Income$373k2023-06
Spending$259ksame year
Spent / received70%4-year average
Size in its cause60th pctPoverty relief
Exempt since2012Publicly supported organisat
Employees5latest return

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

$0$107k$213k$320k$426k2020 Income: $378,9792020 Spending: $206,47120202021 Income: $393,3932021 Spending: $297,95320212022 Income: $426,4732022 Spending: $336,97120222023 Income: $372,9852023 Spending: $259,3212023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 0.8%
  • Other 2.3%

Similar-sized charities, same cause

CharityLocationIncome
Grand Avenue Community OutreachSpencer$373k
Syv Fruit & Vegetable RescueSanta Ynez$373k
Hopi Tutskwa Permaculture Institute IncKykotsmovi$373k
Precious Living IncStone MTN$373k