Senior Citizens Dollar a Month Club

Analysis

Senior Citizens Dollar a Month Club is a registered charity in United States, based in Grangeville, ID. It received its IRS tax-exemption ruling in January 2012, 14 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 December 2023, Senior Citizens Dollar a Month Club reported income of $227k and spending of $199k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $227k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Dollar a Month Club sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within ID. Charities of a similar size with the same main cause include Maritime Patrol Association Inc ($227k), Yokyworks Foundation ($227k) and Gaston Residential Development Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 67% of the total. Other salaries and wages came to $60k. At year end it held assets of $138k against liabilities of $449, net assets of $137k.