Chelsea Senior Citizens Activities Center

Analysis

Chelsea Senior Citizens Activities Center is a registered charity in United States, based in Chelsea, MI. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chelsea Senior Citizens Activities Center reported income of $585k and spending of $670k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $769k to $585k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chelsea Senior Citizens Activities Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include The Transition Network Inc ($585k), Smyrna Foundation ($585k) and Rahabs Sisters ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $74k (11% of expenses). Other salaries and wages came to $237k. At year end it held assets of $1.1m against liabilities of $30k, net assets of $1.1m. It reported 15 employees.