Sebastian Retired Citizens Assoc

Analysis

Sebastian Retired Citizens Assoc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Sebastian Retired Citizens Assoc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sebastian Retired Citizens Assoc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Foster Village Inc ($1.6m), Center in the Park Inc ($1.6m) and Center for Independent Living of South Florida Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $751k. At year end it held assets of $182k against liabilities of $7,285, net assets of $175k. It reported 54 employees.