Humboldt Senior Resource Center Incorporated

Analysis

Humboldt Senior Resource Center Incorporated is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in January 1975, 51 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 June 2023, Humboldt Senior Resource Center Incorporated reported income of $33.6m and spending of $31.6m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $25.1m to $33.6m (+34%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Humboldt Senior Resource Center Incorporated sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Coalition for Hispanic Family Ser ($33.6m), Mid-America Christian University ($33.8m) and Liberty Resources Inc ($33.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $202k (0.6% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $21.9m against liabilities of $7.4m, net assets of $14.5m. It reported 256 employees.