Mooresville Area Senior Center Inc

Analysis

Mooresville Area Senior Center Inc is a registered charity in United States, based in Mooresville, IN. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 June 2024, Mooresville Area Senior Center Inc reported income of $89k and spending of $51k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $64k to $89k (+39%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mooresville Area Senior Center Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Sons of Confederate Veterans Inc ($89k), Littleton Rotary Foundation Inc ($89k) and The@fraternal Order of Leatherheads Society Lake Area Chapter ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. At year end it held assets of $113k against liabilities of $316, net assets of $113k.