Senior Assistance Center

Analysis

Senior Assistance Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1983, 43 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 March 2024, Senior Assistance Center reported income of $209k and spending of $256k, spending 123% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $223k to $209k (-6.4%), an average of -1.7% a year. The sharpest change came in the year to March 2023, when income rose by 614%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Assistance Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($209k), Chamber Music in Napa Valley Inc ($209k) and Louisburg Area Senior Citizens Center Inc ($209k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $54k (21% of expenses). Other salaries and wages came to $48k. At year end it held assets of $1.4m against liabilities of $23k, net assets of $1.4m. It reported 2 employees.