Seniors First Inc

Analysis

Seniors First Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seniors First Inc reported income of $14.0m and spending of $13.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.7m to $14.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seniors First Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Iris Family Support Center Inc ($14.0m), Kids Meals Inc ($14.0m) and Greater Erie Community Action Committee ($14.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $358k (2.6% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $9.1m against liabilities of $2.0m, net assets of $7.1m. It reported 130 employees.