McNairy County Senior Citizens Club Inc Adamsville Chapter

Analysis

McNairy County Senior Citizens Club Inc Adamsville Chapter is a registered charity in United States, based in Adamsville, TN. It received its IRS tax-exemption ruling in June 1976, 50 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, McNairy County Senior Citizens Club Inc Adamsville Chapter reported income of $54k and spending of $59k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $145k to $54k (-63%), an average of -63% a year. The sharpest change came in the year to June 2023, when income dropped by 63%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McNairy County Senior Citizens Club Inc Adamsville Chapter sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Foundation of the Virginia Recreation and Park Society ($54k), PTA Texas Congress ($54k) and Parish Resource Center Inc ($54k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $38k against liabilities of $10k, net assets of $27k.