Smyrna Senior Citizens Incorporated

Analysis

Smyrna Senior Citizens Incorporated is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in July 1976, 50 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, Smyrna Senior Citizens Incorporated reported income of $286k and spending of $166k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $286k (+121%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Smyrna Senior Citizens Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($286k), Rike House Guild Inc ($286k) and Choices for Life Pregnancy Center Incorporated ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $74k. It paid $12k in professional fundraising fees. At year end it held assets of $838k against liabilities of $3,095, net assets of $835k. It reported 2 employees.