Seniors Resource Center Inc

Analysis

Seniors Resource Center Inc is a registered charity in United States, based in Wheat Ridge, CO. It received its IRS tax-exemption ruling in October 1982, 44 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, Seniors Resource Center Inc reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.4m to $4.6m (-63%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seniors Resource Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include Choices for Victims of Domestic Violence ($4.6m), Care Partners ($4.6m) and Youth Environmental Services Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $12.7m against liabilities of $363k, net assets of $12.3m. It reported 82 employees.