Edmonds Senior Center

Analysis

Edmonds Senior Center is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in May 1968, 58 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, Edmonds Senior Center reported income of $2.9m and spending of $3.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.7m to $2.9m (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 56%. Over the whole period it spent 43% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Edmonds Senior Center 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 89th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include L Arche Syracuse Inc ($2.9m), Clausen House Inc ($2.9m) and Worcester County Commission on Aging Incorporated ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $130k (4.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $15.9m against liabilities of $620k, net assets of $15.3m. It reported 64 employees.