Henry County Senior Citizens Inc

Analysis

Henry County Senior Citizens Inc is a registered charity in United States, based in Kewanee, IL. It received its IRS tax-exemption ruling in April 1977, 49 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 September 2023, Henry County Senior Citizens Inc reported income of $1.0m and spending of $965k, spending 94% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $488k to $1.0m (+111%), an average of +28% a year. The sharpest change came in the year to September 2020, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henry County Senior Citizens 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 79th percentile within IL. Charities of a similar size with the same main cause include Childrens Bereavement Center of the Rio Grande Valley Inc ($1.0m), Key to Life ($1.0m) and Wayside Food Programs ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $467k (48% of expenses). At year end it held assets of $422k against liabilities of $1,197, net assets of $421k. It reported 25 employees.