Senior Medi-Benefits

Analysis

Senior Medi-Benefits is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in June 1993, 33 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 December 2023, Senior Medi-Benefits reported income of $139k and spending of $145k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $139k (-13%), an average of -13% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Medi-Benefits sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include The Exceptional Sidekick Inc ($139k), Challenge America ($139k) and Sapna Foundation Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.