Madison County Senior Citizens Center Inc

Analysis

Madison County Senior Citizens Center Inc is a registered charity in United States, based in London, OH. It received its IRS tax-exemption ruling in May 1992, 34 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, Madison County Senior Citizens Center Inc reported income of $1.0m and spending of $733k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $942k to $1.0m (+10%), an average of +2.5% a year. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Madison County Senior Citizens Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Bridge of Hope SD Inc ($1.0m), Dorchester County Commission on the Aging Inc ($1.0m) and Jobswork Mke Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $71k (9.7% of expenses). Other salaries and wages came to $317k. At year end it held assets of $3.3m against liabilities of $111k, net assets of $3.2m. It reported 17 employees.