Clay County Senior Citizens Inc

Analysis

Clay County Senior Citizens Inc is a registered charity in United States, based in Henrietta, TX. It received its IRS tax-exemption ruling in March 1981, 45 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 December 2023, Clay County Senior Citizens Inc reported income of $240k and spending of $268k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $240k (+8.5%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clay County Senior Citizens Inc sits at the 56th percentile: it is larger than about 56% 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 Prescott Charities Inc ($240k), North Star Evangelistc Corp ($240k) and Avoda ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $78k. At year end it held assets of $572k against liabilities of $0, net assets of $572k. It reported 6 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.