Hancock County Senior Services Association

Analysis

Hancock County Senior Services Association is a registered charity in United States, based in Carthage, IL. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hancock County Senior Services Association reported income of $3.5m and spending of $3.6m, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.0m to $3.5m (+241%), an average of +28% a year. The sharpest change came in the year to December 2019, when income rose by 110%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hancock County Senior Services Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Nha Properties Inc ($3.5m), Promise Development Corporation ($3.5m) and 239 East 115th Street Housing Development Fund Corporation ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $8.3m against liabilities of $5.5m, net assets of $2.9m. It reported 96 employees.