Taylor County Senior Citizens Center

Analysis

Taylor County Senior Citizens Center is a registered charity in United States, based in Perry, FL. It received its IRS tax-exemption ruling in April 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 December 2023, Taylor County Senior Citizens Center reported income of $641k and spending of $741k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $641k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Taylor County Senior Citizens Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Santa Chiara Childrens Center ($641k), Fob Hope ($641k) and Alef Bet Child Care Inc ($641k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $20k (2.7% of expenses). Other salaries and wages came to $385k. At year end it held assets of $1.3m against liabilities of $21k, net assets of $1.3m. It reported 22 employees.

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.