Canton Senior Citizens Center

Analysis

Canton Senior Citizens Center is a registered charity in United States, based in Canton, SD. It received its IRS tax-exemption ruling in May 2015, 11 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, Canton Senior Citizens Center reported income of $113k and spending of $129k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $50k to $113k (+126%), an average of +126% a year. The sharpest change came in the year to June 2024, when income rose by 126%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canton Senior Citizens Center sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within SD. Charities of a similar size with the same main cause include Rescued Hearts Unique Boutique ($113k), Friends of the Food Bank ($113k) and Friends of Hyder Family Hospice House ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 3.4% of the total. At year end it held assets of $366k against liabilities of $36k, net assets of $330k.