Senior Activities & Services Inc

Analysis

Senior Activities & Services Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in October 1986, 40 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 December 2023, Senior Activities & Services Inc reported income of $600k and spending of $586k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $600k (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Activities & Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Lorain Historical Society ($600k), Habitat for Humanity International Inc ($600k) and Calvary Commission Inc ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $95k (16% of expenses). Other salaries and wages came to $113k. At year end it held assets of $1.0m against liabilities of $44k, net assets of $964k. It reported 4 employees.