Klamath Basin Senior Citizens Center Inc

Analysis

Klamath Basin Senior Citizens Center Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in January 2013, 13 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, Klamath Basin Senior Citizens Center Inc reported income of $1.8m and spending of $1.4m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Klamath Basin Senior Citizens Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Vickery Meadow Learning Center ($1.8m), Angel S Foster Family Network Okc Inc ($1.8m) and Kids Corner Day Care Center ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $75k (5.4% of expenses). Other salaries and wages came to $623k. At year end it held assets of $2.0m against liabilities of $248k, net assets of $1.8m. It reported 31 employees.