Salem Area Seniors Inc

Analysis

Salem Area Seniors Inc is a registered charity in United States, based in Keizer, OR. It received its IRS tax-exemption ruling in December 1969, 57 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 June 2024, Salem Area Seniors Inc reported income of $144k and spending of $131k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $187k to $144k (-23%), an average of -5.1% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Area Seniors Inc 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 46th percentile within OR. Charities of a similar size with the same main cause include Arkansas Community Dispute Resolution Centers ($144k), Fort Drum Thrift Shop Inc ($144k) and Brotherhood Ride Inc ($144k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 35% of the total. At year end it held assets of $702k against liabilities of $10k, net assets of $692k.