Senior Citizen Outreach Entity Inc

Analysis

Senior Citizen Outreach Entity Inc is a registered charity in United States, based in Richwood, LA. It received its IRS tax-exemption ruling in December 1999, 27 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 Citizen Outreach Entity Inc reported income of $118k and spending of $125k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $118k (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizen Outreach Entity Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within LA. Charities of a similar size with the same main cause include Youth with a Mission-Northern Arizona ($118k), Atlas of Osceola County ($118k) and Northern Nevada Central Labor Council Non-Profit Worker Benefit ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $11k (9.0% of expenses). Other salaries and wages came to $5,947. At year end it held assets of $101k against liabilities of $2,276, net assets of $99k.