Laurel Senior Citizens Center

Analysis

Laurel Senior Citizens Center is a registered charity in United States, based in Laurel, MT. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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 2024, Laurel Senior Citizens Center reported income of $172k and spending of $64k, leaving 63% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $57k to $172k (+199%), an average of +73% a year. The sharpest change came in the year to June 2024, when income rose by 114%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurel Senior Citizens Center sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MT. Charities of a similar size with the same main cause include The Vacaville Quarterback Club Inc ($172k), South Bay Chamber Music Society Inc ($172k) and Nami Wake County ($172k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $333k against liabilities of $110k, net assets of $223k.