Hockley County Senior Citizens Association Inc

Analysis

Hockley County Senior Citizens Association Inc is a registered charity in United States, based in Levelland, TX. It received its IRS tax-exemption ruling in September 1974, 52 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 June 2024, Hockley County Senior Citizens Association Inc reported income of $335k and spending of $380k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $328k to $335k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hockley County Senior Citizens Association Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Grow Quad Cities Fund-Iowa ($335k), Kids-N-Kinship Inc ($335k) and American Gas Foundation ($335k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $46k (12% of expenses). Other salaries and wages came to $111k. At year end it held assets of $390k against liabilities of $1,101, net assets of $389k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.