Charlestown Senior Citizens Club
Charlestown Senior Citizens Club maintains stable assets and zero officer compensation, with recent positive net income.
EIN: 20362412 · Charlestown, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $41K |
| Program Spending | 90% |
| Net Assets | $258K |
| Transparency Score | 85/100 |
Is Charlestown Senior Citizens Club Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charlestown Senior Citizens Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charlestown Senior Citizens Club
Charlestown Senior Citizens Club (EIN: 20362412) is a nonprofit organization based in Charlestown, NH. The organization reported total revenue of $50K and total assets of $265K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlestown Senior Citizens Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlestown Senior Citizens Club is a micro nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $41K |
| Surplus / Deficit | +$24K |
| Total Assets | $258K |
| Net Assets | $258K |
| Operating Margin | 36.5% |
| Months of Reserves | 74.7 months |
Financial Health Grade: A
In 2023, Charlestown Senior Citizens Club reported a surplus of $24K with revenue exceeding expenses, holds 74.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Charlestown Senior Citizens Club's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94.9% | -8.9% | +6.1% |
| 2022 | -4.2% | -3.5% | -4.7% |
| 2021 | -27.8% | -8.6% | -4.5% |
| 2020 | +21.2% | +3.9% | -1.2% |
| 2019 | -4.6% | +43.1% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charlestown Senior Citizens Club with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Charlestown Senior Citizens Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run entirely by volunteers, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Charlestown Senior Citizens Club:
- Consistent 0% officer compensation, indicating volunteer-led operations and high efficiency.
- Stable asset base, consistently above $240,000, demonstrating financial resilience.
- Zero reported liabilities across all filings, indicating strong financial management and low debt risk.
- Positive net income in the most recent filing (2023: $23,818), showing improved financial health.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Charlestown Senior Citizens Club
Is Charlestown Senior Citizens Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Charlestown Senior Citizens Club (EIN: 20362412) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Charlestown Senior Citizens Club spend its money?
Charlestown Senior Citizens Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charlestown Senior Citizens Club tax-deductible?
Charlestown Senior Citizens Club is registered as a tax-exempt nonprofit (EIN: 20362412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlestown Senior Citizens Club located?
Charlestown Senior Citizens Club is headquartered in Charlestown, New Hampshire and files with the IRS under EIN 20362412.
How many years of IRS 990 filings does Charlestown Senior Citizens Club have?
Charlestown Senior Citizens Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $50K in total revenue.
Is Charlestown Senior Citizens Club a good charity?
Based on the available data, the Charlestown Senior Citizens Club appears to be a well-managed organization. It maintains stable assets, consistently reports 0% officer compensation, and has no liabilities, suggesting strong financial health and efficient use of resources, likely through volunteer efforts.
How does the organization manage its finances given fluctuating revenues?
Despite fluctuating revenues, the organization has maintained a stable asset base, ranging from $242,983 to $282,214 over the past decade. This indicates prudent financial management and possibly a reliance on reserves during years when expenses exceeded revenue, such as in 2022 and 2021.
What is the trend in the organization's financial performance?
While there have been periods where expenses exceeded revenue (e.g., 2019-2022), the most recent filing for 2023 shows a significant positive net income of $23,818 ($65,198 revenue vs. $41,380 expenses), indicating a recent positive trend in financial performance and sustainability.
Filing History
IRS 990 filing history for Charlestown Senior Citizens Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charlestown Senior Citizens Club's revenue has grown by 63.1%, moving from $40K to $65K. Total assets decreased by 8.1% over the same period, from $280K to $258K. Total functional expenses rose by 9.2%, from $38K to $41K. In its most recent filing year (2023), Charlestown Senior Citizens Club reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $41K | $258K | $0 | — | View 990 |
| 2022 | $33K | $45K | $243K | $0 | — | — |
| 2021 | $35K | $47K | $255K | $0 | — | View 990 |
| 2020 | $48K | $52K | $267K | $0 | — | View 990 |
| 2019 | $40K | $50K | $270K | $0 | — | — |
| 2018 | $42K | $35K | $280K | $0 | — | View 990 |
| 2017 | $35K | $39K | $273K | $0 | — | View 990 |
| 2016 | $40K | $41K | $277K | $0 | — | View 990 |
| 2015 | $33K | $37K | $279K | $0 | — | View 990 |
| 2014 | $33K | $37K | $282K | $0 | — | View 990 |
| 2013 | $33K | $32K | $286K | $0 | — | View 990 |
| 2012 | $36K | $33K | $285K | $0 | — | View 990 |
| 2011 | $40K | $38K | $280K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $41K, and assets of $258K (revenue +94.9% year-over-year).
- 2022: Revenue of $33K, expenses of $45K, and assets of $243K (revenue -4.2% year-over-year).
- 2021: Revenue of $35K, expenses of $47K, and assets of $255K (revenue -27.8% year-over-year).
- 2020: Revenue of $48K, expenses of $52K, and assets of $267K (revenue +21.2% year-over-year).
- 2019: Revenue of $40K, expenses of $50K, and assets of $270K (revenue -4.6% year-over-year).
- 2018: Revenue of $42K, expenses of $35K, and assets of $280K (revenue +20.7% year-over-year).
- 2017: Revenue of $35K, expenses of $39K, and assets of $273K (revenue -13.0% year-over-year).
- 2016: Revenue of $40K, expenses of $41K, and assets of $277K (revenue +20.2% year-over-year).
- 2015: Revenue of $33K, expenses of $37K, and assets of $279K (revenue -0.4% year-over-year).
- 2014: Revenue of $33K, expenses of $37K, and assets of $282K (revenue +0.0% year-over-year).
- 2013: Revenue of $33K, expenses of $32K, and assets of $286K (revenue -7.8% year-over-year).
- 2012: Revenue of $36K, expenses of $33K, and assets of $285K (revenue -9.7% year-over-year).
- 2011: Revenue of $40K, expenses of $38K, and assets of $280K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlestown Senior Citizens Club:
Data Sources and Methodology
This transparency report for Charlestown Senior Citizens Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.