Senior Solutions

Analysis

Senior Solutions is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in February 1968, 58 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, Senior Solutions reported income of $9.4m and spending of $8.3m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.5m to $9.4m (-0.2%), an average of +-0.0% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Solutions sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Water 4 Inc ($9.4m), Farmers Conservation Alliance ($9.4m) and St Croix Valley Foodbank Inc ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $119k (1.4% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $14.8m against liabilities of $3.5m, net assets of $11.3m. It reported 192 employees.