Senior Citizens of Logan County Inc

Analysis

Senior Citizens of Logan County Inc is a registered charity in United States, based in Lincoln, IL. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Senior Citizens of Logan County Inc reported income of $216k and spending of $249k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $216k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Senior Citizens of Logan County Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Chesapeake Childrens Museum Inc ($216k), The Light Factory ($216k) and Madison Area Arts Alliance Inc ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $52k (21% of expenses). At year end it held assets of $1.2m against liabilities of $10k, net assets of $1.2m. It reported 7 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.