Mount Carmel Senior Citizens Center

Analysis

Mount Carmel Senior Citizens Center is a registered charity in United States, based in Mount Carmel, TN. It received its IRS tax-exemption ruling in March 1979, 47 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 2024, Mount Carmel Senior Citizens Center reported income of $69k and spending of $55k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $67k to $69k (+2.6%), an average of +2.6% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Carmel Senior Citizens Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Pi Kappa Delta ($69k), Lansdowne Symphony Orchestra Association ($69k) and PTA California Congress of Parents Teachers & Students Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.