Senior Volunteer Services

Analysis

Senior Volunteer Services is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in March 1998, 28 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 2023, Senior Volunteer Services reported income of $259k and spending of $288k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $254k to $259k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Volunteer Services 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 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Northern Michigan Equine Therapy ($259k), Time for Change in Action Inc ($259k) and Miriams Hope ($259k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). Other salaries and wages came to $150k. At year end it held assets of $40k against liabilities of $32k, net assets of $8,000. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.