Monterey Senior Citizens Center

Analysis

Monterey Senior Citizens Center is a registered charity in United States, based in Monterey, TN. It received its IRS tax-exemption ruling in June 2002, 24 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 2024, Monterey Senior Citizens Center reported income of $74k and spending of $81k, spending 110% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $74k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monterey Senior Citizens Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Cornerstone Life Development Inc ($74k), Inland Christian Home Foundation Inc ($74k) and Hudson Ranch L L C ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.