Senior Citizens Services of North Texas Inc

Analysis

Senior Citizens Services of North Texas Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in June 1967, 59 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 North Texas Inc reported income of $1.8m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.8m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 94% 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 North Texas Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Haywood Christian Ministry Inc ($1.8m), Sunny Crest Home ($1.8m) and Carson City Senior Citizens Center ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $82k (4.3% of expenses). Other salaries and wages came to $365k. At year end it held assets of $2.3m against liabilities of $160k, net assets of $2.1m. It reported 14 employees.