Salida Senior Citizens Inc

Analysis

Salida Senior Citizens Inc is a registered charity in United States, based in Salida, CO. It received its IRS tax-exemption ruling in September 2010, 16 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, Salida Senior Citizens Inc reported income of $110k and spending of $114k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $110k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salida Senior Citizens Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include JC Freedom House Ministries Inc ($110k), Fish Inc of Grand Blanc Chapter ($111k) and Oasis Network for Community Transformation Inc NFP ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. At year end it held assets of $73k against liabilities of $492, net assets of $73k.