McMinn County Senior Citizens Inc

Analysis

McMinn County Senior Citizens Inc is a registered charity in United States, based in Athens, TN. It received its IRS tax-exemption ruling in March 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 2023, McMinn County Senior Citizens Inc reported income of $249k and spending of $232k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $165k to $249k (+51%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McMinn County Senior Citizens Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Community Child Care Center Inc ($248k), Arc of Onondaga Foundation ($249k) and Project Hope of Columbus ($248k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $33k. At year end it held assets of $618k against liabilities of $6,095, net assets of $612k. It reported 6 employees.