Papans Landing Senior Center Inc

Analysis

Papans Landing Senior Center Inc is a registered charity in United States, based in Topeka, 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, Papans Landing Senior Center Inc reported income of $296k and spending of $223k, leaving 24% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $110k to $296k (+169%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 697%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Papans Landing Senior Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include Hamilton-Wenham Regional School District Education Fund Inc ($296k), Korean Society of Oregon ($296k) and Habitat for Humanity International Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $50k. At year end it held assets of $104k against liabilities of $5,959, net assets of $98k. It reported 6 employees.