United Methodist Senior Services of Clay County Inc

Analysis

United Methodist Senior Services of Clay County Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Clay County Inc reported income of $218k and spending of $241k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $218k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Methodist Senior Services of Clay County Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within MS. Charities of a similar size with the same main cause include Jamestown Affordable Housing Inc ($218k), Lutheran Gardens Corporation ($218k) and Sullivan Senior Housing Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $48k. At year end it held assets of $103k against liabilities of $598k, net assets of -$495k. It reported 1 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.