Good Neighbors Senior Center Association of Ocean Shores

Analysis

Good Neighbors Senior Center Association of Ocean Shores is a registered charity in United States, based in Ocean Shores, WA. It received its IRS tax-exemption ruling in April 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 June 2024, Good Neighbors Senior Center Association of Ocean Shores reported income of $670k and spending of $576k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $89k to $670k (+654%), an average of +66% a year. The sharpest change came in the year to June 2024, when income rose by 126%. 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, Good Neighbors Senior Center Association of Ocean Shores sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Davids House ($670k), Project New Hope Inc ($670k) and Georgia Symphony Orchestra ($670k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $143k (25% of expenses). Other salaries and wages came to $54k. At year end it held assets of $515k against liabilities of $220k, net assets of $295k. It reported 8 employees.