Senior Citizen Parivar

Analysis

Senior Citizen Parivar is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Senior Citizen Parivar reported income of $61k and spending of $52k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $195k to $61k (-69%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizen Parivar sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Libertyville Township Gift Fund Inc ($61k), Thrive 10-10 Inc ($61k) and Peopleinspired Giving Foundation Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $730k against liabilities of $461k, net assets of $268k.