Senior Services of Alexandria Inc

Analysis

Senior Services of Alexandria Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 2024, Senior Services of Alexandria Inc reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $774k to $1.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Services of Alexandria Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Berkley Youth Soccer Association ($1.2m), Adopt a Family of Marin ($1.2m) and United Way of Idaho Falls & Bonneville County Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $122k (11% of expenses). Other salaries and wages came to $532k. At year end it held assets of $2.1m against liabilities of $264k, net assets of $1.9m. It reported 20 employees.