Senior Connection Center Inc

Analysis

Senior Connection Center Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 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 December 2023, Senior Connection Center Inc reported income of $41.1m and spending of $40.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.9m to $41.1m (+72%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Connection Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Gods Love We Deliver Inc ($41.1m), Nysarc Inc ($41.1m) and Angel View Inc ($41.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $529k (1.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $12.1m against liabilities of $7.9m, net assets of $4.2m. It reported 91 employees.