Townsend Community Center Inc

Analysis

Townsend Community Center Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in March 1942, 84 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 December 2023, Townsend Community Center Inc reported income of $81k and spending of $77k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $81k (-9.7%), an average of -9.7% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Townsend Community Center Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Sonia and Celina Sotomayor Judicial Internship Program Inc ($81k), Corner Shower and Laundry Inc ($81k) and American Institute of Wine & Food Wichita Chapter Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $179k against liabilities of $99k, net assets of $81k.