Center for Successful Aging

Analysis

Center for Successful Aging is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in September 2009, 17 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, Center for Successful Aging reported income of $195k and spending of $196k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $365k to $195k (-47%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Successful Aging sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Return to Zero Hope Inc ($195k), Marcys Project ($195k) and Muslim Support Organization ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $41k (21% of expenses). Other salaries and wages came to $104k. At year end it held assets of $52k against liabilities of $0, net assets of $52k. It reported 6 employees.