Gem of the Hills Senior Citizens Community Center

Analysis

Gem of the Hills Senior Citizens Community Center is a registered charity in United States, based in Blanco, TX. It received its IRS tax-exemption ruling in September 1984, 42 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, Gem of the Hills Senior Citizens Community Center reported income of $133k and spending of $109k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $133k (+168%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 357%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gem of the Hills Senior Citizens Community Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Benton Community Foundation Inc ($133k), Little League Baseball Inc ($133k) and Engeye Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 9.1% of the total. At year end it held assets of $409k against liabilities of $212k, net assets of $196k.