Sylvia G Thompson Residence Center Inc

Analysis

Sylvia G Thompson Residence Center Inc is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in August 1994, 32 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 June 2023, Sylvia G Thompson Residence Center Inc reported income of $17.2m and spending of $13.6m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $17.2m (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sylvia G Thompson Residence Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Otterbein at Granville ($17.2m), Aging and In-Home Services of Ne in ($17.2m) and The Arc of the Quad Cities Area ($17.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $271k (2.0% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $5.1m against liabilities of $3.9m, net assets of $1.2m. It reported 428 employees.