Monroe County Senior Citizens and Friends Inc

Analysis

Monroe County Senior Citizens and Friends Inc is a registered charity in United States, based in Madisonville, TN. It received its IRS tax-exemption ruling in November 1978, 48 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, Monroe County Senior Citizens and Friends Inc reported income of $482k and spending of $315k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $160k to $482k (+200%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 175%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monroe County Senior Citizens and Friends Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Wright County Childrens Home ($482k), Shelby County Food Pantry ($482k) and Desert Spoon Food Hub ($482k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Other salaries and wages came to $87k. At year end it held assets of $823k against liabilities of $1,348, net assets of $822k. It reported 3 employees.