Tahquamenon Area Senior Citizens Center

Analysis

Tahquamenon Area Senior Citizens Center is a registered charity in United States, based in Newberry, MI. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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, Tahquamenon Area Senior Citizens Center reported income of $87k and spending of $58k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $87k (+11%), an average of +11% a year. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tahquamenon Area Senior Citizens Center sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Ladies of Charity of Metropolitan Kansas City ($87k), Syds Book Shack & Boutique Inc ($87k) and Planned to a T Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.