Senior Resources of Broomfield Inc

Analysis

Senior Resources of Broomfield Inc is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in July 1982, 44 years ago. 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, Senior Resources of Broomfield Inc reported income of $124k and spending of $115k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $124k (-6.1%), an average of -6.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Resources of Broomfield Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Riverbay Fund Inc ($124k), Friends of the Burbank Public Library ($124k) and Friends of the Danville Library ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $410k against liabilities of $0, net assets of $410k.