Mid-County Senior Center Corporation

Analysis

Mid-County Senior Center Corporation is a registered charity in United States, based in Capitola, CA. It received its IRS tax-exemption ruling in January 1974, 52 years ago. 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, Mid-County Senior Center Corporation reported income of $231k and spending of $203k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $231k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mid-County Senior Center Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Regional Housing Corporation ($231k), New Canaan High School Scholarship Foundation Inc ($231k) and Enderlin Rural Fire Protection District Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 60% of the total. Other salaries and wages came to $15k. At year end it held assets of $640k against liabilities of $3,053, net assets of $637k. It reported 4 employees.