Titusville Area Senior Citizens Corporation

Analysis

Titusville Area Senior Citizens Corporation is a registered charity in United States, based in Titusville, PA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Titusville Area Senior Citizens Corporation reported income of $239k and spending of $198k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $214k to $239k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 21%. 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, Titusville Area Senior Citizens Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Seven Loaves Soup Kitchen Inc ($239k), Pneuma-Winds of Hope Inc ($239k) and Jewish Center LLC ($239k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $65k. At year end it held assets of $523k against liabilities of $12k, net assets of $511k. It reported 2 employees.