Lebanon Senior Citizens Center

Analysis

Lebanon Senior Citizens Center is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in February 1981, 45 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, Lebanon Senior Citizens Center reported income of $514k and spending of $496k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $566k to $514k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lebanon Senior Citizens Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Beef Logic Inc ($514k), Bargain Bonanza Inc ($514k) and Women in Need ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 35% of the total. Other salaries and wages came to $112k. At year end it held assets of $1.0m against liabilities of $18k, net assets of $997k. It reported 12 employees.