Shelby County Senior Citizens SVCS Corp of TX Chapter I
Analysis
Shelby County Senior Citizens SVCS Corp of TX Chapter I is a registered charity in United States, based in Center, TX. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Shelby County Senior Citizens SVCS Corp of TX Chapter I reported income of $238k and spending of $226k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $242k to $238k (-1.4%), an average of -0.5% a year. Over the whole period it spent 92% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shelby County Senior Citizens SVCS Corp of TX Chapter I sits at the 41st percentile: it is larger than about 41% 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 Access Community Housing Inc ($238k), Obannon Terrace of Goshen Inc ($238k) and Memorial Park Estates Inc ($238k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $32k (14% of expenses). Other salaries and wages came to $25k. At year end it held assets of $543k against liabilities of $293k, net assets of $249k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 77%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Access Community Housing Inc | El Segundo | $238k |
| Obannon Terrace of Goshen Inc | Batavia | $238k |
| Memorial Park Estates Inc | Fort Wayne | $238k |
| Cha Real Estate Inc | Cocoa | $238k |