Senior Citizens Home Assistance Service Inc

Analysis

Senior Citizens Home Assistance Service Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1972, 54 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, Senior Citizens Home Assistance Service Inc reported income of $5.0m and spending of $5.3m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $6.9m to $5.0m (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2022, when income dropped by 59%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Home Assistance Service Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Patrick Henry Family Services Inc ($5.0m), Lakelands Region Young Mens Christian Association ($5.0m) and Community Sharing Program ($5.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $154k (2.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $2.2m against liabilities of $835k, net assets of $1.3m. It reported 235 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.