McPherson Senior Center

Analysis

McPherson Senior Center is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in January 1982, 44 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, McPherson Senior Center reported income of $287k and spending of $301k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $287k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McPherson Senior Center sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KS. Charities of a similar size with the same main cause include Cerebral Palsy Adult Activity Center of Camden County Inc ($287k), American Society of Civil Engineers ($287k) and Friends of the Hospital for Sick Children Toronto Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.1% of the total. Other salaries and wages came to $111k. At year end it held assets of $626k against liabilities of $166k, net assets of $460k. It reported 7 employees.