Peninsula Seniors

Analysis

Peninsula Seniors is a registered charity in United States, based in RLLNG HLS Est, CA. It received its IRS tax-exemption ruling in May 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peninsula Seniors reported income of $375k and spending of $399k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $768k to $375k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Seniors sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Lane Tech Alumni Association Inc ($375k), Howard Fire Company No 1 Inc ($375k) and Helping Hands Gleaners Inc ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $58k (14% of expenses). Other salaries and wages came to $61k. At year end it held assets of $3.0m against liabilities of $5,500, net assets of $3.0m. It reported 3 employees.