Clarence Fraim Senior Center of Delaware Inc

Analysis

Clarence Fraim Senior Center of Delaware Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clarence Fraim Senior Center of Delaware Inc reported income of $402k and spending of $362k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $325k to $402k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clarence Fraim Senior Center of Delaware Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 61st percentile within DE. Charities of a similar size with the same main cause include Nursery Rhyme Inc ($402k), Radford Child Development Inc ($402k) and Ninety-Nine Plus One Foundation ($402k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). Other salaries and wages came to $62k. At year end it held assets of $1.2m against liabilities of $18k, net assets of $1.1m. It reported 14 employees.