Mayfield Graves County Senior Citizens

Analysis

Mayfield Graves County Senior Citizens is a registered charity in United States, based in Mayfield, KY. It received its IRS tax-exemption ruling in April 1976, 50 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, Mayfield Graves County Senior Citizens reported income of $378k and spending of $347k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $331k to $378k (+14%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mayfield Graves County Senior Citizens sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Abundant Life Foundation ($378k), The Ann George Food Pantry ($378k) and Samaritan Counseling Center of the Midsouth ($377k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.5m against liabilities of $5,160, net assets of $1.5m.