Rufty-Holmes Senior Center

Analysis

Rufty-Holmes Senior Center is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in December 1986, 40 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 2022, Rufty-Holmes Senior Center reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.1m to $1.1m (+0.8%), an average of +0.4% 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, Rufty-Holmes Senior Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Lillie Rice Center ($1.1m), Career Development Incorporated ($1.1m) and Chateau Louise ($1.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $77k (6.7% of expenses). Other salaries and wages came to $395k. At year end it held assets of $1.9m against liabilities of $57k, net assets of $1.9m. It reported 30 employees.