Camano Senior Services Association

Analysis

Camano Senior Services Association is a registered charity in United States, based in Camano Island, WA. It received its IRS tax-exemption ruling in October 1982, 44 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 2023, Camano Senior Services Association reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $840k to $1.3m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camano Senior Services Association sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Cny Fair Housing Inc ($1.3m), Historical Society of Saginaw County Inc ($1.3m) and United Policyholders ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 4.3% of the total. Other salaries and wages came to $480k. At year end it held assets of $2.6m against liabilities of $121k, net assets of $2.4m. It reported 32 employees.