Seniors Care Foundation Inc

Analysis

Seniors Care Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Seniors Care Foundation Inc reported income of $146k and spending of $235k, spending 161% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $156k to $146k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to June 2020, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seniors Care Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Skipping Stones ($146k), Little League Baseball Inc ($146k) and Little League Baseball Inc ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% of the total. Other salaries and wages came to $142k. At year end it held assets of $4.8m against liabilities of $28k, net assets of $4.7m. It reported 2 employees.