Seneca County Residential Advisory Committee Inc

Analysis

Seneca County Residential Advisory Committee Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Seneca County Residential Advisory Committee Inc reported income of $1.6m and spending of $1.7m, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $1.6m to $1.6m (+2.4%), an average of +1.2% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seneca County Residential Advisory Committee Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Plaid House Inc ($1.6m), Freedom Foods ($1.6m) and First 72 ($1.6m).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $814k. At year end it held assets of $260k against liabilities of $192k, net assets of $68k. It reported 33 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.