Paducah McCracken County Senior Citizens Inc

Analysis

Paducah McCracken County Senior Citizens Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in May 1980, 46 years ago. 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, Paducah McCracken County Senior Citizens Inc reported income of $1.6m and spending of $1.4m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $901k to $1.6m (+74%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paducah McCracken County Senior Citizens Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include Verde Valley Fair Association ($1.6m), Greensboro Childrens Museum ($1.6m) and Erin Is Hope Foundation Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $39k (2.7% of expenses). Other salaries and wages came to $371k. At year end it held assets of $2.3m against liabilities of $67k, net assets of $2.2m. It reported 35 employees.