Bainbridge Island Senior Community Center

Analysis

Bainbridge Island Senior Community Center is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in May 1984, 42 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, Bainbridge Island Senior Community Center reported income of $806k and spending of $525k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $806k (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bainbridge Island Senior Community Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Valley Child Development Center Inc ($806k), Islamic Academy of Kendallville Inc ($806k) and Stepping Stones Childrens Center ($806k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $131k (25% of expenses). Other salaries and wages came to $142k. At year end it held assets of $1.7m against liabilities of $18k, net assets of $1.7m. It reported 6 employees.