Pasadena Senior Center

Analysis

Pasadena Senior Center is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 1961, 65 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pasadena Senior Center reported income of $3.0m and spending of $2.0m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.0m (+138%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pasadena Senior Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Martin Pollak Project Inc ($3.0m), Young Mens Christian Association of the North Woods Inc ($3.0m) and Manifold for Charity ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $236k (12% of expenses). Other salaries and wages came to $947k. At year end it held assets of $8.1m against liabilities of $487k, net assets of $7.6m. It reported 30 employees.