Northshore Senior Center

Analysis

Northshore Senior Center is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in September 2017, 9 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, Northshore Senior Center reported income of $2.9m and spending of $3.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $2.9m (+4.2%), an average of +1.0% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northshore Senior Center sits at the 87th 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 90th percentile within WA. Charities of a similar size with the same main cause include Coyote Hill Christian Childrens Home ($2.9m), First Environments Parents Organization ($2.9m) and Wolfeboro Area Childrens Center Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $122k (4.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.1m against liabilities of $344k, net assets of $781k. It reported 57 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.