Senior Village at Saddlebrooke Inc

Analysis

Senior Village at Saddlebrooke Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Senior Village at Saddlebrooke Inc reported income of $572k and spending of $313k, leaving 45% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $147k to $572k (+289%), an average of +57% a year. The sharpest change came in the year to September 2021, when income rose by 92%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Senior Village at Saddlebrooke Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Wyoming Joint Electrical Apprenticeship and Training Trust ($572k), Kigali Center for Entrepreneurs ($572k) and Floreciendo ($572k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $69k (22% of expenses). Other salaries and wages came to $132k. At year end it held assets of $737k against liabilities of $113, net assets of $737k. It reported 10 employees.