The Senior Connection of Montgomery County Inc

Analysis

The Senior Connection of Montgomery County Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Senior Connection of Montgomery County Inc reported income of $436k and spending of $393k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $243k to $436k (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Senior Connection of Montgomery County Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MD. Charities of a similar size with the same main cause include Community Service Properties Inc ($436k), Jackson Area Family Activities Center ($436k) and Friends of the Retired and Senior Volunteer Program of Suffolk Count ($436k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $209k. At year end it held assets of $154k against liabilities of $14k, net assets of $140k. It reported 8 employees.