Peninsula Senior Center

Analysis

Peninsula Senior Center is a registered charity in United States, based in Ocean Park, WA. It received its IRS tax-exemption ruling in March 1996, 30 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, Peninsula Senior Center reported income of $145k and spending of $124k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $145k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peninsula Senior Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Aspire Health Partners Foundation Inc ($145k), Community Advocacy Resources & Education Services Inc ($145k) and Family & Childrens Center Foundation Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 10% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.1m against liabilities of $13k, net assets of $1.1m.