Lola & Saul Kramer Senior Services Agency Inc

Analysis

Lola & Saul Kramer Senior Services Agency Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in December 2012, 14 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 May 2023, Lola & Saul Kramer Senior Services Agency Inc reported income of $4.0m and spending of $4.1m, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.4m to $4.0m (+175%), an average of +29% a year. The sharpest change came in the year to May 2022, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lola & Saul Kramer Senior Services Agency Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Family Service of Chester County ($4.0m), The Sophia Way ($4.0m) and Sojourners Care Network ($4.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $905k. At year end it held assets of $1.1m against liabilities of $1.5m, net assets of -$401k. It reported 26 employees.