Senior Alliance 65

Analysis

Senior Alliance 65 is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Senior Alliance 65 reported income of $66k and spending of $66k, spending 99% of its income. Across the 2 years on record, from December 2020 to December 2022, income grew from $24k to $66k (+180%), an average of +180% a year. The sharpest change came in the year to December 2022, when income rose by 180%. Over the whole period it spent 128% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Senior Alliance 65 sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Hopkins Raspberry Festival ($66k), West Seattle Rotary Service Foundation ($66k) and Downtown Oxford Economic Development Corporation ($66k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $403 against liabilities of $0, net assets of $403.