Morrow County Services for Older Citizens Inc

Analysis

Morrow County Services for Older Citizens Inc is a registered charity in United States, based in Mount Gilead, OH. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Morrow County Services for Older Citizens Inc reported income of $789k and spending of $800k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $634k to $789k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Morrow County Services for Older Citizens Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Colony Lane Non-Profit Housing Corporation ($789k), Orford Village Housing Development Corporation ($789k) and Hylton Point Apartments Inc ($788k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $66k (8.2% of expenses). Other salaries and wages came to $239k. At year end it held assets of $910k against liabilities of $24k, net assets of $886k. It reported 18 employees.