Senior Citizens Center

Analysis

Senior Citizens Center is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in March 1972, 54 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, Senior Citizens Center reported income of $258k and spending of $280k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $408k to $258k (-37%), an average of -11% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include The Preservation Company of the Peekskill Area Health Center Inc ($258k), Soup Kitchen Inc ($258k) and Napoleonville Volunteer Fire Department Inc ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $118k. At year end it held assets of $862k against liabilities of $17k, net assets of $845k. It reported 9 employees.