Shoshoni Senior Citizens Inc

Analysis

Shoshoni Senior Citizens Inc is a registered charity in United States, based in Shoshoni, WY. It received its IRS tax-exemption ruling in December 1998, 28 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 September 2023, Shoshoni Senior Citizens Inc reported income of $445k and spending of $280k, leaving 37% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $218k to $445k (+104%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 139%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shoshoni Senior Citizens Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within WY. Charities of a similar size with the same main cause include Psi Services of Indiana Inc ($445k), Virginia Ffa Foundation Inc ($445k) and Holmes House Child Care Center Inc ($445k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $43k (15% of expenses). Other salaries and wages came to $85k. At year end it held assets of $313k against liabilities of $0, net assets of $313k. It reported 11 employees.