Valentine Area Community Senior Center Inc

Analysis

Valentine Area Community Senior Center Inc is a registered charity in United States, based in Valentine, NE. It received its IRS tax-exemption ruling in March 1985, 41 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 2024, Valentine Area Community Senior Center Inc reported income of $150k and spending of $147k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $153k to $150k (-1.7%), an average of -1.7% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valentine Area Community Senior Center Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NE. Charities of a similar size with the same main cause include Bright Sky Ministry Inc ($150k), Love Works ($150k) and Fairview Heights Area Food Pantry ($150k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 30% of the total. At year end it held assets of $354k against liabilities of $2,312, net assets of $351k.