Suzys Senior Companionship Services

Analysis

Suzys Senior Companionship Services is a registered charity in United States, based in Layton, UT. It received its IRS tax-exemption ruling in December 2019, 7 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, Suzys Senior Companionship Services reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $2.7m (+477%), an average of +55% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Suzys Senior Companionship Services 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 86th percentile within UT. Charities of a similar size with the same main cause include Ryan House ($2.7m), Friends of the Coalition ($2.7m) and Kankakee County Coalition Against Domestic Violence ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $54k (2.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.1m against liabilities of $276k, net assets of $798k. It reported 135 employees.