Dorchester Seniors Inc

Analysis

Dorchester Seniors Inc is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in June 1981, 45 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, Dorchester Seniors Inc reported income of $2.3m and spending of $2.0m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.3m (+8.0%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 25%. 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, Dorchester Seniors Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Taskforce Fore Ending Homelessness Inc ($2.3m), Detroit Auto Dealers Association Charity Preview ($2.3m) and Early Learning Shared Services Alliance Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $84k (4.1% of expenses). Other salaries and wages came to $832k. At year end it held assets of $3.0m against liabilities of $155k, net assets of $2.8m. It reported 49 employees.