Lorenzo Senior Citizens Association
Analysis
Lorenzo Senior Citizens Association is a registered charity in United States, based in Lorenzo, TX. It received its IRS tax-exemption ruling in November 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 September 2024, Lorenzo Senior Citizens Association reported income of $132k and spending of $125k, spending 95% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $115k to $132k (+15%), an average of +15% a year. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lorenzo Senior Citizens Association 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 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Waano ($132k), Up Lions Serve ($132k) and Hoyne Street NFP ($132k).
On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Waano | Bloomington | $132k |
| Up Lions Serve | Engadine | $132k |
| Hoyne Street NFP | Chicago | $132k |
| Larry H Spears Foundation Inc | Dry Ridge | $132k |