Young County Olney Senior Cub Center Incorporated

Analysis

Young County Olney Senior Cub Center Incorporated is a registered charity in United States, based in Olney, TX. It received its IRS tax-exemption ruling in April 1987, 39 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 September 2024, Young County Olney Senior Cub Center Incorporated reported income of $241k and spending of $208k, spending 86% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $172k to $241k (+39%), an average of +8.7% a year. The sharpest change came in the year to September 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young County Olney Senior Cub Center Incorporated 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 United Ministry to the Port of Galveston Inc ($241k), Louisa Volunteer Fire Dept Inc ($241k) and Volunteers of America Inc ($241k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Other salaries and wages came to $86k. At year end it held assets of $124k against liabilities of $888, net assets of $123k. It reported 11 employees.