Senior Citizens Services of Texarkana Inc

Analysis

Senior Citizens Services of Texarkana Inc is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in October 1966, 60 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 2023, Senior Citizens Services of Texarkana Inc reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.4m (-12%), an average of -3.3% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Citizens Services of Texarkana Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Victim Services Center of Montgomery County Inc ($1.4m), Lockton Cares Inc ($1.4m) and Giles Health and Family Center Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $50k (3.4% of expenses). Other salaries and wages came to $566k. At year end it held assets of $502k against liabilities of $300k, net assets of $202k. It reported 159 employees.