Gothenburg Senior Citizens Center Inc

Analysis

Gothenburg Senior Citizens Center Inc is a registered charity in United States, based in Gothenburg, NE. It received its IRS tax-exemption ruling in December 1983, 43 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, Gothenburg Senior Citizens Center Inc reported income of $333k and spending of $321k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $219k to $333k (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gothenburg Senior Citizens Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NE. Charities of a similar size with the same main cause include Seawells Creative Daycare Inc ($333k), The Dalles Meals on Wheels Inc ($333k) and One Place Inc ($333k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $138k. At year end it held assets of $561k against liabilities of $116k, net assets of $444k. It reported 6 employees.