Senior Citizens Inc

Analysis

Senior Citizens Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in October 1980, 46 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 December 2023, Senior Citizens Inc reported income of $467k and spending of $504k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $467k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within SD. Charities of a similar size with the same main cause include First Baptist Church Christian Child Development Center ($467k), Natchez Childrens Home Services ($467k) and Feed Thy Neighbor Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $47k (9.4% of expenses). Other salaries and wages came to $37k. At year end it held assets of $5.4m against liabilities of $105k, net assets of $5.3m. It reported 3 employees.