Senior Companion Program Inc

Analysis

Senior Companion Program Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in May 2020, 6 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 August 2023, Senior Companion Program Inc reported income of $182k and spending of $144k, leaving 21% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $1.1m to $182k (-83%), an average of -83% a year. The sharpest change came in the year to August 2023, when income dropped by 83%. Over the whole period it spent 22% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Companion Program Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Carolina Childrens Home ($182k), SJ Foundation ($182k) and Crisis Clinic of Thurston and Mason Counties ($182k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $46k (32% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.1m against liabilities of $8,692, net assets of $1.1m. It reported 3 employees.