Wakefield Senior Citizens Inc

Analysis

Wakefield Senior Citizens Inc is a registered charity in United States, based in Wakefield, NE. It received its IRS tax-exemption ruling in December 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 June 2024, Wakefield Senior Citizens Inc reported income of $51k and spending of $63k, spending 123% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $41k to $51k (+24%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wakefield Senior Citizens Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Future Farmers of America ($51k), Boots to Suits ($51k) and Telesis Housing Corporation ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 58% of the total. At year end it held assets of $68k against liabilities of $830, net assets of $68k.