Martin County Senior Citizens Corporation

Analysis

Martin County Senior Citizens Corporation is a registered charity in United States, based in Inez, KY. It received its IRS tax-exemption ruling in July 1989, 37 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 2024, Martin County Senior Citizens Corporation reported income of $297k and spending of $265k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $277k to $297k (+7.3%), an average of +7.3% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Martin County Senior Citizens Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Les Enfants Centre Inc ($297k), Love Inc of the Boise Community Incorporated ($297k) and Faith in Action for Cass County ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (13% of expenses). Other salaries and wages came to $66k. At year end it held assets of $211k against liabilities of $16k, net assets of $195k. It reported 4 employees.