Broken Arrow Seniors Incorporated

Analysis

Broken Arrow Seniors Incorporated is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in July 1989, 37 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, Broken Arrow Seniors Incorporated reported income of $486k and spending of $1.2m, spending 243% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $399k to $486k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 170% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Broken Arrow Seniors Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Benefits Management Inc ($486k), Healing Hunger Fod Services Inc ($486k) and Morris Professional Child Care Services Inc ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $77k (6.5% of expenses). Other salaries and wages came to $160k. At year end it held assets of $257k against liabilities of $64k, net assets of $193k. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.