Senior Citizens Inc

Analysis

Senior Citizens Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in December 1965, 61 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 Citizens Inc reported income of $5.0m and spending of $5.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $5.0m (+8.9%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Young Mens Christian Association ($5.0m), Community Resources Inc ($5.0m) and Abused Womens Aid in Crisis Incorporated ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $145k (2.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.3m against liabilities of $720k, net assets of $7.6m. It reported 136 employees.