Lexington Senior Center Inc

Analysis

Lexington Senior Center Inc is a registered charity in United States, based in Lexington, MO. It received its IRS tax-exemption ruling in December 1995, 31 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 (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, Lexington Senior Center Inc reported income of $103k and spending of $163k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $137k to $103k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 176% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lexington Senior Center Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MO. Charities of a similar size with the same main cause include Cookson Hills Hulbert Properties Inc ($103k), Borough Park Housing Development Fund Company Inc ($103k) and Warwick Manor Housing Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 96% of the total. Other salaries and wages came to $50k. At year end it held assets of $2.1m against liabilities of $1,934, net assets of $2.1m. It reported 1 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.