Signal Centers Inc

Analysis

Signal Centers Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in May 1960, 66 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, Signal Centers Inc reported income of $36.8m and spending of $36.3m, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $13.4m to $36.8m (+174%), an average of +40% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Signal Centers Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Bernalillo Coutny Health Care Corp ($36.8m), Benedictine Living Communities Inc ($36.8m) and A Very Special Place Inc ($36.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $453k (1.2% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $14.4m against liabilities of $8.0m, net assets of $6.4m. It reported 346 employees.