Poolesville Area Senior Center Inc

Analysis

Poolesville Area Senior Center Inc is a registered charity in United States, based in Poolesville, MD. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Poolesville Area Senior Center Inc reported income of $117k and spending of $81k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $86k to $117k (+35%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Poolesville Area Senior Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Schupan Charitable Enterprises Inc ($117k), North Side Toy Drive ($117k) and Ocso Sheriffs Star Charities Inc ($117k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.