Saving Our Seniors Inc

Analysis

Saving Our Seniors Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, 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, Saving Our Seniors Inc reported income of $384k and spending of $402k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $298k to $384k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saving Our Seniors Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Love in the Name of Christ Inc of the Newberg Area ($384k), You Are More Than Inc ($384k) and Lighthouse Christian Academy Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $99k. At year end it held assets of $41k against liabilities of $0, net assets of $41k. It reported 5 employees.