Hasselbring Senior Center

Analysis

Hasselbring Senior Center is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in September 2016, 10 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 September 2023, Hasselbring Senior Center reported income of $236k and spending of $197k, spending 83% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $145k to $236k (+63%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hasselbring Senior Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Marcus Hook-Trainer Fire Dept Station 68 Inc ($236k), Edith L Patterson Community General Hospital Trust ($236k) and Little League Baseball Inc ($236k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $62k (32% of expenses). Other salaries and wages came to $40k. At year end it held assets of $83k against liabilities of $735, net assets of $83k. It reported 5 employees.