Senior Citizens Services Inc

Analysis

Senior Citizens Services Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in August 1968, 58 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 May 2023, Senior Citizens Services Inc reported income of $6.7m and spending of $5.0m, leaving 26% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.5m to $6.7m (+92%), an average of +18% a year. The sharpest change came in the year to May 2021, when income rose by 276%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within SD. Charities of a similar size with the same main cause include Community Action of Napa Valley ($6.7m), Mid-Bronx CCRP Early Childhood Center Inc ($6.7m) and Three Rivers Inc ($6.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 47% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $262k (5.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $18.7m against liabilities of $2.5m, net assets of $16.2m. It reported 89 employees.