Bridgeville Senior Center Inc

Analysis

Bridgeville Senior Center Inc is a registered charity in United States, based in Bridgeville, DE. It received its IRS tax-exemption ruling in February 1981, 45 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, Bridgeville Senior Center Inc reported income of $264k and spending of $213k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $257k to $264k (+2.6%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridgeville Senior Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 54th percentile within DE. Charities of a similar size with the same main cause include Muhlenberg Community Library Assn ($264k), Nisgua ($264k) and Spencer County Council on Aging Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $58k (27% of expenses). Other salaries and wages came to $80k. At year end it held assets of $308k against liabilities of $4,601, net assets of $304k. It reported 7 employees.