Payson Senior Center Inc

Analysis

Payson Senior Center Inc is a registered charity in United States, based in Payson, AZ. It received its IRS tax-exemption ruling in December 1985, 41 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 June 2024, Payson Senior Center Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $687k to $1.1m (+63%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 185%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Payson Senior Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Access Opportunity ($1.1m), Shower Up ($1.1m) and California Wic Association ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $61k (5.6% of expenses). Other salaries and wages came to $300k. At year end it held assets of $4.8m against liabilities of $49k, net assets of $4.7m. It reported 33 employees.