Medina Senior Center Inc
Analysis
Medina Senior Center Inc is a registered charity in United States, based in Hondo, TX. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Medina Senior Center Inc reported income of $440k and spending of $484k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $440k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medina Senior Center Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Womens Storybook Project of Texas ($440k), Kids Korner Daycare and Preschool Center ($440k) and Operation One Voice Inc ($440k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $65k. At year end it held assets of $414k against liabilities of $138k, net assets of $276k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Womens Storybook Project of Texas | Austin | $440k |
| Kids Korner Daycare and Preschool Center | Cpe Girardeau | $440k |
| Operation One Voice Inc | Norcross | $440k |
| Care and Share Inc | Gravette | $440k |