Amargosa Seniors Inc

Analysis

Amargosa Seniors Inc is a registered charity in United States, based in Amargosa Vly, NV. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Amargosa Seniors Inc reported income of $123k and spending of $88k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $123k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amargosa Seniors Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within NV. Charities of a similar size with the same main cause include Greenbrier Senior Housing Inc ($123k), Subtle Salt Inc ($123k) and Daya Foundation ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.