Sumter Senior Services Inc

Analysis

Sumter Senior Services Inc is a registered charity in United States, based in Sumter, SC. It received its IRS tax-exemption ruling in August 1976, 50 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, Sumter Senior Services Inc reported income of $1.1m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $901k to $1.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2020, when income rose by 33%. 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, Sumter Senior Services Inc 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 84th percentile within SC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Association for the Blind and Visually Impaired South Carolina ($1.1m) and Safe Shelter of St Vrain Valley ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $2.1m against liabilities of $77k, net assets of $2.0m. It reported 8 employees.