Sevier County Council on Aging

Analysis

Sevier County Council on Aging is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in March 1988, 38 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, Sevier County Council on Aging reported income of $1.4m and spending of $332k, leaving 77% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $289k to $1.4m (+392%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 295%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sevier County Council on Aging sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Silver Cross Foundation ($1.4m), Center for New Americans ($1.4m) and Germantown Christian Counseling Center Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $53k. At year end it held assets of $1.6m against liabilities of $280k, net assets of $1.3m.