Walnut Creek Seniors Club

Analysis

Walnut Creek Seniors Club is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in February 1984, 42 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, Walnut Creek Seniors Club reported income of $65k and spending of $66k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $65k (-14%), an average of -14% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walnut Creek Seniors Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Library Friends of Payson ($65k), Veterans Trust Fund of South Carolina ($65k) and Fort Zumwalt South High School Bulldogs Booster Club ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 57% of the total. At year end it held assets of $273k against liabilities of $33k, net assets of $241k.