Louisburg Area Senior Citizens Center Inc

Analysis

Louisburg Area Senior Citizens Center Inc is a registered charity in United States, based in Louisburg, KS. It received its IRS tax-exemption ruling in January 1990, 36 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 December 2023, Louisburg Area Senior Citizens Center Inc reported income of $209k and spending of $167k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $209k (+65%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisburg Area Senior Citizens Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KS. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($209k), Habitat for Humanity International Inc ($209k) and Society of Labor Economists ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 9.1% of the total. Other salaries and wages came to $62k. At year end it held assets of $461k against liabilities of $1,828, net assets of $459k. It reported 10 employees.