Mt Morris Senior Citizens Council

Analysis

Mt Morris Senior Citizens Council is a registered charity in United States, based in Mount Morris, IL. It received its IRS tax-exemption ruling in December 1977, 49 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 2023, Mt Morris Senior Citizens Council reported income of $125k and spending of $129k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $83k to $125k (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Morris Senior Citizens Council sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include New Hampshire Humanities Council Inc ($125k), Joey O Donnell Foundation Trust ($126k) and Tween School N Home Child Care Program ($125k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $36k (28% of expenses). At year end it held assets of $199k against liabilities of $708, net assets of $199k. It reported 4 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.