Reedsburg Area Senior Life Center Inc

Analysis

Reedsburg Area Senior Life Center Inc is a registered charity in United States, based in Reedsburg, WI. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Reedsburg Area Senior Life Center Inc reported income of $6.1m and spending of $6.7m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.9m to $6.1m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to September 2022, when income rose by 32%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Reedsburg Area Senior Life Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Eskaton Village-Placerville ($6.1m), Habitat for Humanity International Inc ($6.1m) and Patriot Services Group Louisiana Inc ($6.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $8.0m against liabilities of $7.1m, net assets of $925k.