Flathead Association of Senior Citizens Inc

Analysis

Flathead Association of Senior Citizens Inc is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in February 2024, 2 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, Flathead Association of Senior Citizens Inc reported income of $64k and spending of $84k, spending 132% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $477k to $64k (-87%), an average of -63% a year. The sharpest change came in the year to December 2021, when income dropped by 90%. Over the whole period it spent 28% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Flathead Association of Senior Citizens Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MT. Charities of a similar size with the same main cause include Northstar Foundation ($64k), Grass Roots Organization for the Well Being of Seniors Inc ($64k) and Christian Womens Job Corps of El Paso ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $46k (55% of expenses). At year end it held assets of $468k against liabilities of $2,979, net assets of $465k. It reported 1 employees.