Franklin County Senior Citizens Inc

Analysis

Franklin County Senior Citizens Inc is a registered charity in United States, based in Winchester, TN. It received its IRS tax-exemption ruling in October 2012, 14 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, Franklin County Senior Citizens Inc reported income of $102k and spending of $105k, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $86k to $102k (+18%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 404%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Franklin County Senior Citizens Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include Save Our Youth Help Them Prosper ($102k), GGS House ($102k) and Forest Folk Inc ($102k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $25k (24% of expenses). Other salaries and wages came to $16k. At year end it held assets of $431k against liabilities of $0, net assets of $431k. It reported 3 employees.