Yankton Area Senior Citizens Center Inc

Analysis

Yankton Area Senior Citizens Center Inc is a registered charity in United States, based in Yankton, SD. It received its IRS tax-exemption ruling in April 1973, 53 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 June 2023, Yankton Area Senior Citizens Center Inc reported income of $620k and spending of $534k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $451k to $620k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yankton Area Senior Citizens Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within SD. Charities of a similar size with the same main cause include Forest City Ambulance Service ($620k), Affordable Counseling Therapy Inc ($620k) and Armenian Youth Federation Camp of California ($620k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $56k (10% of expenses). Other salaries and wages came to $160k. At year end it held assets of $1.1m against liabilities of $21k, net assets of $1.1m. It reported 12 employees.