United Methodist Senior Services of Clarksdale Area Inc

Analysis

United Methodist Senior Services of Clarksdale Area Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in February 1988, 38 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, United Methodist Senior Services of Clarksdale Area Inc reported income of $1.3m and spending of $1.5m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 133% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Methodist Senior Services of Clarksdale Area Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within MS. Charities of a similar size with the same main cause include Society for Experimental Mechanics ($1.3m), Arlington Christian School Inc ($1.3m) and Institute for Global Engagement ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $391k. At year end it held assets of $2.5m against liabilities of $3.5m, net assets of -$917k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.