Haines Senior Citizens Center Inc

Analysis

Haines Senior Citizens Center Inc is a registered charity in United States, based in Haines, AK. It received its IRS tax-exemption ruling in January 1986, 40 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 December 2023, Haines Senior Citizens Center Inc reported income of $174k and spending of $227k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $174k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Haines Senior Citizens Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 46th percentile within AK. Charities of a similar size with the same main cause include United Aged Home Moshav Sekenim of Jerusalem Israel Inc ($174k), Employees Community Action Council ($174k) and Seattle Chinese Garden Society ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $282k against liabilities of $214k, net assets of $69k.

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.