Clinchfield Senior Adult Center for Erwin and Unicoi County Inc

Analysis

Clinchfield Senior Adult Center for Erwin and Unicoi County Inc is a registered charity in United States, based in Erwin, TN. It received its IRS tax-exemption ruling in June 1977, 49 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, Clinchfield Senior Adult Center for Erwin and Unicoi County Inc reported income of $200k and spending of $203k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $125k to $200k (+60%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clinchfield Senior Adult Center for Erwin and Unicoi County Inc sits at the 48th 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 St Mary Senior Life Foundation of Lynn Incorporated ($200k), Horsepower Foundation ($200k) and Berkeley County Backpack Program Inc ($200k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $89k (44% of expenses). Other salaries and wages came to $8,068. At year end it held assets of $372k against liabilities of $5,331, net assets of $367k. It reported 7 employees.