Cedar Seniors Inc

Analysis

Cedar Seniors Inc is a registered charity in United States, based in Lebanon, TN. It received its IRS tax-exemption ruling in July 1987, 39 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 December 2023, Cedar Seniors Inc reported income of $91k and spending of $88k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $91k (+4.6%), an average of +4.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Seniors Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($91k), PTA North Carolina Congress of Parents and Teachers Inc ($91k) and Hundred Club of Dupage County ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 52% of the total. At year end it held assets of $186k against liabilities of $1,344, net assets of $184k.