Moore County Senior Citizens Inc

Analysis

Moore County Senior Citizens Inc is a registered charity in United States, based in Lynchburg, TN. It received its IRS tax-exemption ruling in September 1980, 46 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, Moore County Senior Citizens Inc reported income of $54k and spending of $73k, spending 135% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $41k to $54k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moore County Senior Citizens Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Memorial Recreation Center Inc ($54k), National Society of the Sons the American Revolution ($54k) and Chaffey High School Alumni Association ($54k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $7,380 (10% of expenses). Other salaries and wages came to $30k. At year end it held assets of $65k against liabilities of $694, net assets of $64k. It reported 3 employees.