Indian River Senior Center Inc

Analysis

Indian River Senior Center Inc is a registered charity in United States, based in Millsboro, DE. It received its IRS tax-exemption ruling in March 1975, 51 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 June 2023, Indian River Senior Center Inc reported income of $289k and spending of $302k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $361k to $289k (-20%), an average of -7.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indian River Senior Center Inc 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 56th percentile within DE. Charities of a similar size with the same main cause include Hale Mahaolu Ehiku Inc ($289k), Minco Senior Citizens Activity Center Inc ($289k) and United Way of Vermillion ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 24% of the total. Other salaries and wages came to $76k. At year end it held assets of $1.2m against liabilities of $894k, net assets of $296k. It reported 3 employees.