Seneca Designs Inc

Analysis

Seneca Designs Inc is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in October 1977, 49 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 June 2023, Seneca Designs Inc reported income of $565k and spending of $587k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $552k to $565k (+2.2%), an average of +0.6% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seneca Designs Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within WV. Charities of a similar size with the same main cause include American Podiatric Medical Assoc Educational Foundation Inc ($565k), Jessie P Domhoff TR Uw ($565k) and American Friends of Rabbinical Colleges of Natanya ($565k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $56k (9.6% of expenses). Other salaries and wages came to $388k. At year end it held assets of $580k against liabilities of $39k, net assets of $541k. It reported 53 employees.