Senior Network Services

Analysis

Senior Network Services is a registered charity in United States, based in Soquel, CA. It received its IRS tax-exemption ruling in March 1982, 44 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 June 2023, Senior Network Services reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $608k to $1.3m (+115%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Network Services sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include FMW Nonprofit Solutions ($1.3m), St Vinnys Bistro ($1.3m) and Pine River Area D a C ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $153k (13% of expenses). Other salaries and wages came to $579k. At year end it held assets of $1.0m against liabilities of $29k, net assets of $981k. It reported 22 employees.