Newcastle Senior Citizens Inc

Analysis

Newcastle Senior Citizens Inc is a registered charity in United States, based in Newcastle, OK. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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 March 2024, Newcastle Senior Citizens Inc reported income of $109k and spending of $111k, spending 102% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $89k to $109k (+23%), an average of +23% a year. The sharpest change came in the year to March 2024, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newcastle Senior Citizens Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OK. Charities of a similar size with the same main cause include Dewitt Schools Booster Club Inc ($109k), PTA New York Congress ($109k) and International Institute of Northwest Indiana Inc ($109k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $168k against liabilities of $12k, net assets of $156k.