Tompkins County Senior Citizens Council Inc

Analysis

Tompkins County Senior Citizens Council Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in April 1961, 65 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 December 2023, Tompkins County Senior Citizens Council Inc reported income of $427k and spending of $456k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $427k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tompkins County Senior Citizens Council Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Art Centre of Plano Inc ($427k), Big Brothers Big Sisters of Central Florida Inc ($427k) and Jones Day Foundation ($427k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $162k. At year end it held assets of $1.5m against liabilities of $428k, net assets of $1.1m. It reported 10 employees.