Claymore Senior Center Inc

Analysis

Claymore Senior Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in January 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 June 2023, Claymore Senior Center Inc reported income of $309k and spending of $320k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $307k to $309k (+0.5%), an average of +0.1% a year. 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, Claymore 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 62nd percentile, and in the 57th percentile within DE. Charities of a similar size with the same main cause include St George Area Housing Corporation ($309k), The Partnership Initiatives Fund ($309k) and The Illinois Autism Development Center ($309k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $89k (28% of expenses). Other salaries and wages came to $41k. At year end it held assets of $348k against liabilities of $80k, net assets of $268k. It reported 3 employees.