The Golden Age Center

Analysis

The Golden Age Center is a registered charity in United States, based in Fort Benton, MT. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Golden Age Center reported income of $107k and spending of $116k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $162k to $107k (-34%), an average of -34% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Golden Age Center sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MT. Charities of a similar size with the same main cause include Santa Paula Benefit Fund Incorporated ($107k), Society of St Vincent Depaul St Wendelin Conference Inc ($107k) and Americorps Seniors RSVP ($107k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 51% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.