Putnam County Senior Citizens

Analysis

Putnam County Senior Citizens is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in October 2013, 13 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 2023, Putnam County Senior Citizens reported income of $203k and spending of $209k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $175k to $203k (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Putnam County Senior Citizens sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Higher Hopes ($203k), Patriot Empowerment Institute ($203k) and Justice for Orphans Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Other salaries and wages came to $120k. At year end it held assets of $114k against liabilities of $3,991, net assets of $110k. It reported 3 employees.