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Parker Senior Center Inc

RegisteredEIN 74-2528815Parker, COPoverty relief
Income$374k2023-12
Spending$354ksame year
Spent / received101%5-year average
Size in its cause60th pctPoverty relief
Exempt since1989Publicly supported organisat
Employees8latest return

Analysis

Parker Senior Center Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in May 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, Parker Senior Center Inc reported income of $374k and spending of $354k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $374k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parker Senior Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Destiny Kids Early Learning Center ($374k), Proyecto Desarrollo Humano ($374k) and East Carroll Voluntary Council on Aging ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $144k. At year end it held assets of $394k against liabilities of $0, net assets of $394k. It reported 8 employees.

Income and spending

$0$93k$187k$280k$374k2019 Income: $301,2372019 Spending: $287,30520192020 Income: $296,0262020 Spending: $354,71220202021 Income: $243,9222021 Spending: $270,83820212022 Income: $349,2562022 Spending: $315,02620222023 Income: $373,9152023 Spending: $353,6082023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Program services 19%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Destiny Kids Early Learning CenterSpokane$374k
Proyecto Desarrollo HumanoPenitas$374k
East Carroll Voluntary Council on AgingLK Providence$374k
American Society of Sugar Beet Technologists IncFort Collins$374k