Randolph County Senior Adults Association Inc

Analysis

Randolph County Senior Adults Association Inc is a registered charity in United States, based in Asheboro, NC. It received its IRS tax-exemption ruling in April 1979, 47 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, Randolph County Senior Adults Association Inc reported income of $3.0m and spending of $3.4m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.0m (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Randolph County Senior Adults Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Church and Community Ministries of the Shelby Baptist Association Inc ($3.0m), My Choice Foundation ($3.0m) and Young Mens Christian Association of the North Woods Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $5.9m against liabilities of $438k, net assets of $5.5m. It reported 76 employees.