Bedford Senior Community Center

Analysis

Bedford Senior Community Center is a registered charity in United States, based in Temperance, MI. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Bedford Senior Community Center reported income of $475k and spending of $444k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $475k (+321%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 208%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bedford Senior Community Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Stephen Foster Citizen Support Organization ($475k), Outreach with Lacrosse & Schools ($475k) and Westland Hills Inc ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $1.1m against liabilities of $16k, net assets of $1.1m. It reported 12 employees.