Friends of the Longmont Senior Center Inc

Analysis

Friends of the Longmont Senior Center Inc is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, Friends of the Longmont Senior Center Inc reported income of $408k and spending of $162k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $408k (+163%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 220%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Longmont Senior Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Trio Homeless Ministries Inc ($408k), Helping Hands Crisis Pregnancy Clinic ($408k) and 3e Restoration Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $2.6m against liabilities of $12k, net assets of $2.6m.