Jefferson Senior Citizens Center Inc

Analysis

Jefferson Senior Citizens Center Inc is a registered charity in United States, based in Monticello, FL. It received its IRS tax-exemption ruling in April 1981, 45 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 December 2023, Jefferson Senior Citizens Center Inc reported income of $321k and spending of $471k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $477k to $321k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson Senior Citizens Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Foreseeable Future Foundation Inc ($321k), Valley Day Care Inc ($321k) and The@attic Foster Network ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $44k (9.3% of expenses). Other salaries and wages came to $205k. At year end it held assets of $955k against liabilities of $15k, net assets of $940k. It reported 19 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.