Tabernacle Senior Citizens Project

Analysis

Tabernacle Senior Citizens Project is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1979, 47 years ago. 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, Tabernacle Senior Citizens Project reported income of $664k and spending of $616k, spending 93% of its income. Across the 4 years on record, from December 2018 to December 2021, income grew from $243k to $664k (+173%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 1070%. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tabernacle Senior Citizens Project sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Climbing Tree Community School ($664k), Kansas Press Association ($664k) and The Association for Death Education and Counseling Inc ($663k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 0.2% of the total. Compensation of current officers, directors and key employees was $220k (36% of expenses). At year end it held assets of $16.5m against liabilities of $19k, net assets of $16.5m. It reported 2 employees.