Senior Services of Snohomish County

Analysis

Senior Services of Snohomish County is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in April 1974, 52 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, Senior Services of Snohomish County reported income of $12.8m and spending of $12.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $16.6m to $12.8m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Services of Snohomish County sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Jewish Family and Childrens Service of Greater Philadelphia ($12.8m), Community Interface Services ($12.8m) and Hilltoppers Inc ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $316k (2.5% of expenses). Other salaries and wages came to $6.2m. It paid $95k in professional fundraising fees. At year end it held assets of $14.7m against liabilities of $6.3m, net assets of $8.4m. It reported 146 employees.