Colonia Barrios Seniors Inc

Analysis

Colonia Barrios Seniors Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in May 1979, 47 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 March 2024, Colonia Barrios Seniors Inc reported income of $1.5m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.3m to $1.5m (+11%), an average of +2.7% a year. The sharpest change came in the year to March 2023, when income rose by 34%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colonia Barrios Seniors Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Lutherans for Life ($1.5m), Near Northwest Neighborhood Inc ($1.5m) and Rogers Recreation Association Inc ($1.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $163k. At year end it held assets of $2.3m against liabilities of $232k, net assets of $2.0m. It reported 3 employees.