Andover Senior Citizens Club Inc

Analysis

Andover Senior Citizens Club Inc is a registered charity in United States, based in Andover, KS. It received its IRS tax-exemption ruling in May 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, Andover Senior Citizens Club Inc reported income of $126k and spending of $124k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $126k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Andover Senior Citizens Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within KS. Charities of a similar size with the same main cause include North Carolina Foundation for Nursing Inc ($126k), St Andrews Episcopal Church Foundaton Trust ($126k) and Sears Chapel Endowment Incorporated ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $179k against liabilities of $2,323, net assets of $177k.