Senior Citizens Services Inc

Analysis

Senior Citizens Services Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in July 1972, 54 years ago. 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 September 2023, Senior Citizens Services Inc reported income of $1.1m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $821k to $1.1m (+39%), an average of +8.7% a year. The sharpest change came in the year to September 2022, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens Services Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within AL. Charities of a similar size with the same main cause include Gratiot County Child Advocacy Association ($1.1m), Camp Westminster Foundation Inc ($1.1m) and Youth for Christ USA Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $58k (5.5% of expenses). At year end it held assets of $3.1m against liabilities of $985k, net assets of $2.1m.