Seniors Foundation

Analysis

Seniors Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in September 1981, 45 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 August 2023, Seniors Foundation reported income of $364k and spending of $155k, leaving 57% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $50k to $364k (+631%), an average of +64% a year. The sharpest change came in the year to August 2022, when income rose by 234%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seniors Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NE. Charities of a similar size with the same main cause include New Kingdom Trailriders ($364k), Alpha Omega International Dental Fraternity Inc ($364k) and Dismas Ministry ($364k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% of the total. Compensation of current officers, directors and key employees was $54k (35% of expenses). Other salaries and wages came to $5,440. At year end it held assets of $453k against liabilities of $176, net assets of $453k. It reported 1 employees.