Mt Si Senior Center

Analysis

Mt Si Senior Center is a registered charity in United States, based in North Bend, WA. It received its IRS tax-exemption ruling in January 1978, 48 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 June 2024, Mt Si Senior Center reported income of $3.9m and spending of $3.9m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $3.9m (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Si Senior Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Dr WF and Mada Dunaway Manor Nursing Home of Guymon Inc ($3.9m), Child & Family Services of Michigan ($3.9m) and Vtip Inc ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 11% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $9.7m against liabilities of $7.5m, net assets of $2.2m. It reported 49 employees.