Senior Citizens Foundation Inc

Analysis

Senior Citizens Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Senior Citizens Foundation Inc reported income of $686k and spending of $255k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $686k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 3149%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Citizens Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Light House Manor Inc ($686k), Wilton Soccer Association Inc ($686k) and Fencing in the Park Inc ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $5.0m against liabilities of $72k, net assets of $4.9m.