South-Central Colorado Seniors Inc

Analysis

South-Central Colorado Seniors Inc is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in September 1975, 51 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 June 2023, South-Central Colorado Seniors Inc reported income of $2.7m and spending of $1.8m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.7m (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South-Central Colorado Seniors Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Tribeca Nursery Center Inc ($2.7m), Peoples Harm Reduction Alliance ($2.7m) and Open Door Community House Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $57k (3.1% of expenses). Other salaries and wages came to $616k. At year end it held assets of $1.8m against liabilities of $64k, net assets of $1.7m. It reported 53 employees.