The Dresden Senior Community Inc

Analysis

The Dresden Senior Community Inc is a registered charity in United States, based in Dresden, TN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Dresden Senior Community Inc reported income of $101k and spending of $71k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $86k to $101k (+18%), an average of +5.8% a year. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Dresden Senior Community Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include St Ansgars Scandinavian Catholic League of New York ($101k), St Francis Memorial Hospital Foundation ($101k) and Tri-Township Ambulance Association Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Other salaries and wages came to $14k. At year end it held assets of $244k against liabilities of $96k, net assets of $148k. It reported 1 employees.