Tyler Area Senior Citizens Association Inc

Analysis

Tyler Area Senior Citizens Association Inc is a registered charity in United States, based in Whitehouse, TX. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tyler Area Senior Citizens Association Inc reported income of $112k and spending of $130k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $167k to $112k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tyler Area Senior Citizens Association Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Honduras Threads ($112k), A Healthier We ($112k) and South Asian Workers Center ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 21% of the total. Other salaries and wages came to $25k. At year end it held assets of $818k against liabilities of $0, net assets of $818k. It reported 1 employees.