Cannon County Senior Citizens Center

Analysis

Cannon County Senior Citizens Center is a registered charity in United States, based in Woodbury, TN. It received its IRS tax-exemption ruling in August 1979, 47 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, Cannon County Senior Citizens Center reported income of $190k and spending of $154k, spending 81% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $175k to $190k (+9.1%), an average of +4.4% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cannon County Senior Citizens Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Walnut Creek Swim Club Inc ($190k), New Orleans Rotary Fund Inc ($190k) and Hickory Village Inc ($190k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 8.8% of the total. At year end it held assets of $196k against liabilities of $8,781, net assets of $187k.