Newton Area Senior Center Inc

Analysis

Newton Area Senior Center Inc is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in March 1987, 39 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, Newton Area Senior Center Inc reported income of $78k and spending of $61k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $78k (+8.9%), an average of +8.9% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newton Area Senior Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($78k), Friends of Tide to Town ($78k) and Bridge Trust ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. At year end it held assets of $134k against liabilities of $3,731, net assets of $131k.