Sugar River Senior Center Inc

Analysis

Sugar River Senior Center Inc is a registered charity in United States, based in Belleville, WI. It received its IRS tax-exemption ruling in October 2021, 5 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, Sugar River Senior Center Inc reported income of $348k and spending of $347k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $348k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sugar River Senior Center Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within WI. Charities of a similar size with the same main cause include Sara Beegle Child Care Center ($348k), Stones Throw Farm Co ($348k) and 101-105 South Eighth Street Apts Housing Development Fund Corp ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $63k (18% of expenses). Other salaries and wages came to $102k. It paid $2,950 in professional fundraising fees. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 7 employees.