Hub City Senior Citizens Inc

Analysis

Hub City Senior Citizens Inc is a registered charity in United States, based in Rochelle, IL. It received its IRS tax-exemption ruling in November 1989, 37 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 December 2023, Hub City Senior Citizens Inc reported income of $293k and spending of $343k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $293k (+1.3%), an average of +0.3% a year. 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, Hub City Senior Citizens Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Greater Chattanooga Christian Services ($293k), Prospect Park Track Club Inc ($293k) and National Grape Research Alliance Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $50k (15% of expenses). Other salaries and wages came to $132k. At year end it held assets of $187k against liabilities of $5,266, net assets of $182k. It reported 12 employees.