Senior Center of Elk Grove

Analysis

Senior Center of Elk Grove is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in July 1980, 46 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 Center of Elk Grove reported income of $378k and spending of $333k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $108k to $378k (+252%), an average of +52% a year. The sharpest change came in the year to June 2021, when income rose by 104%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Center of Elk Grove sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Prosperity House Inc ($378k), Loving Concern International ($378k) and Getting to We ($378k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $54k (16% of expenses). Other salaries and wages came to $71k. At year end it held assets of $468k against liabilities of $52k, net assets of $416k. It reported 5 employees.