Midwest Senior Ministries Inc

Analysis

Midwest Senior Ministries Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2006, 20 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 2023, Midwest Senior Ministries Inc reported income of $9.6m and spending of $9.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.0m to $9.6m (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. 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, Midwest Senior Ministries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Boys & Girls Club Fox Valley Inc ($9.6m), Omaha Home for Boys ($9.6m) and Hias and Council Migration Service of Philadelphia Inc ($9.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $21.8m against liabilities of $2.2m, net assets of $19.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.