Seagoville Senior Citizens Management Company

Analysis

Seagoville Senior Citizens Management Company is a registered charity in United States, based in Seagoville, TX. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Seagoville Senior Citizens Management Company reported income of $88k and spending of $90k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $88k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seagoville Senior Citizens Management Company sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Little League Baseball Inc ($88k), Abundance Setting ($88k) and Vision Leadership Foundation ($88k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $28k. At year end it held assets of $102k against liabilities of $5, net assets of $102k.