Monroe Community Senior Center

Analysis

Monroe Community Senior Center is a registered charity in United States, based in Monroe, WA. It received its IRS tax-exemption ruling in June 1973, 53 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 June 2023, Monroe Community Senior Center reported income of $471k and spending of $504k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $305k to $471k (+54%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monroe Community Senior Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Brees Gift Inc ($471k), Allentown Area Ecumenical Food Bank ($471k) and Society of St Vincent de Paul District Council of Arkansas Inc ($471k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 5.1% of the total. Other salaries and wages came to $136k. At year end it held assets of $1.1m against liabilities of $40k, net assets of $1.0m. It reported 10 employees.