New River Valley Senior Services Inc

Analysis

New River Valley Senior Services Inc is a registered charity in United States, based in Pulaski, VA. It received its IRS tax-exemption ruling in October 1979, 47 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 September 2023, New River Valley Senior Services Inc reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $1.3m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to September 2022, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New River Valley Senior Services 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 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include World for Jesus Ministries Inc ($1.3m), Fishing Has No Boundaries Inc ($1.3m) and Greater Philadelphia Hispanic Chamber of Commerce ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $647k. At year end it held assets of $1.1m against liabilities of $370k, net assets of $701k. It reported 36 employees.