Nemo Senior Citizens Service Corp

Analysis

Nemo Senior Citizens Service Corp is a registered charity in United States, based in Kirksville, MO. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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 June 2023, Nemo Senior Citizens Service Corp reported income of $660k and spending of $726k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $546k to $660k (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nemo Senior Citizens Service Corp 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 72nd percentile within MO. Charities of a similar size with the same main cause include North Carolina Legal Education Assistance Foundation ($660k), St Charles Hospital Foundation ($661k) and Church Women United of Columbia Falls ($660k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $66k (9.1% of expenses). Other salaries and wages came to $405k. At year end it held assets of $387k against liabilities of $0, net assets of $387k. It reported 28 employees.