Over 60-Cei Inc

Analysis

Over 60-Cei Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Over 60-Cei Inc reported income of $118k and spending of $231k, spending 195% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $16k to $118k (+640%), an average of +65% a year. The sharpest change came in the year to June 2020, when income rose by 618%. Over the whole period it spent 284% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Over 60-Cei Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Centrepoint Inc ($118k), LA Plata County Emergency Medical Services Council ($118k) and Grove City Area Living at Home Block Nurse Program ($118k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $971k against liabilities of $1.3m, net assets of -$323k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.