Boone County Senior Citizen Service Corporation

Analysis

Boone County Senior Citizen Service Corporation is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boone County Senior Citizen Service Corporation reported income of $13.5m and spending of $12.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.4m to $13.5m (+44%), an average of +9.5% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boone County Senior Citizen Service Corporation 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 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Young Mens Christian Assn Westport ($13.5m), Center for Pursuit ($13.5m) and Imagine Institute ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $233k (1.9% of expenses). Other salaries and wages came to $101k. At year end it held assets of $7.9m against liabilities of $7.4m, net assets of $484k. It reported 424 employees.