Senior Foundation Inc Johnson City

Analysis

Senior Foundation Inc Johnson City is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2023, Senior Foundation Inc Johnson City reported income of $51k and spending of $46k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $128k to $51k (-60%), an average of -60% a year. The sharpest change came in the year to June 2023, when income dropped by 60%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Foundation Inc Johnson City sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within TN. Charities of a similar size with the same main cause include Salem Christmas Fund Inc ($51k), PTA North Carolina Congress ($51k) and Mental Illness Research Association ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $333k against liabilities of $11k, net assets of $322k.