Serving Seniors

Analysis

Serving Seniors is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 1973, 53 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 June 2023, Serving Seniors reported income of $13.4m and spending of $13.1m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.0m to $13.4m (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Serving Seniors sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include The League for People with Disabilities Inc ($13.4m), New York City Mission Society ($13.4m) and Ohio Valley Opportunities Inc ($13.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $1.0m (8.0% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $24.7m against liabilities of $3.0m, net assets of $21.7m. It reported 126 employees.