Young County Senior Citizens Association Incorporation

Analysis

Young County Senior Citizens Association Incorporation is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in November 1983, 43 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, Young County Senior Citizens Association Incorporation reported income of $231k and spending of $230k, spending 99% of its income. Across the 4 years on record, from September 2020 to September 2023, income fell from $264k to $231k (-13%), an average of -4.4% a year. The sharpest change came in the year to September 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young County Senior Citizens Association Incorporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Courtneys House Inc ($231k), Christ Cares 4 U Ministries Inc ($231k) and Waterbury Area Senior Citizens Assn ($231k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $52k (23% of expenses). Other salaries and wages came to $64k. At year end it held assets of $155k against liabilities of $0, net assets of $155k. It reported 8 employees.