Senior Benefits Foundation

Analysis

Senior Benefits Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Senior Benefits Foundation reported income of $57k and spending of $46k, spending 81% of its income. Across the 2 years on record, from December 2019 to December 2023, income fell from $183k to $57k (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Senior Benefits Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within TN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($57k), Decorah Rotary Club Foundation ($57k) and Lemont High School Educationalfoundation ($57k).

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 $1 against liabilities of $0, net assets of $1.