Comal County Senior Citizens Foundation

Analysis

Comal County Senior Citizens Foundation is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover human services, 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 September 2022, Comal County Senior Citizens Foundation reported income of $2.8m and spending of $1.3m, leaving 53% of income unspent that year. Across the 3 years on record, from September 2020 to September 2022, income grew from $1.3m to $2.8m (+111%), an average of +45% a year. The sharpest change came in the year to September 2022, when income rose by 83%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Comal County Senior Citizens Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Cedar Circle Farm and Education Center Inc ($2.8m), Ensuenos Y Los Angelitos Development Center ($2.8m) and Nutrition Services Incorporated ($2.8m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 31% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $88k (6.7% of expenses). Other salaries and wages came to $477k. At year end it held assets of $3.2m against liabilities of $537k, net assets of $2.6m. It reported 23 employees.