Fair Park Senior Center

Analysis

Fair Park Senior Center is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in February 1985, 41 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 2024, Fair Park Senior Center reported income of $293k and spending of $227k, leaving 23% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $188k to $293k (+56%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fair Park Senior Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Muirs Little Scholars Inc ($293k), Jubilee Consortium ($293k) and Learn More Center Inc ($293k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $45k (20% of expenses). Other salaries and wages came to $51k. At year end it held assets of $223k against liabilities of $16k, net assets of $207k. It reported 6 employees.