Senior Services Center Inc

Analysis

Senior Services Center Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in September 1974, 52 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, Senior Services Center Inc reported income of $215k and spending of $284k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $280k to $215k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Services Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Lemont Hornets Youth Football Association Inc ($215k), Friends of the Hermitage ($215k) and Bunker Hill Parents Participation Nursery School ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 11% of the total. Other salaries and wages came to $100k. At year end it held assets of $618k against liabilities of $642k, net assets of -$23k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.