Senior Center of Boulder City Inc

Analysis

Senior Center of Boulder City Inc is a registered charity in United States, based in Boulder City, NV. It received its IRS tax-exemption ruling in November 1985, 41 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 2024, Senior Center of Boulder City Inc reported income of $697k and spending of $785k, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $573k to $697k (+22%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Center of Boulder City Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NV. Charities of a similar size with the same main cause include Epiphany Housing of Tampa Inc ($697k), Rochester Lifestyle Medicine Institute Inc ($697k) and National Taiwan Univ SCHL of Pharm Alumni Assoc in North Amer Inc ($697k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $74k (9.4% of expenses). Other salaries and wages came to $298k. At year end it held assets of $1.3m against liabilities of $14k, net assets of $1.3m. It reported 13 employees.