Seagraves Senior Citizens Center Inc

Analysis

Seagraves Senior Citizens Center Inc is a registered charity in United States, based in Seagraves, TX. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Seagraves Senior Citizens Center Inc reported income of $468k and spending of $380k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $360k to $468k (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2022, when income rose by 15%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seagraves Senior Citizens Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Acts 4 Ministry Inc ($467k), St Vincent de Paul Society of Needles Inc ($468k) and Mercer Island Youth and Family Services Foundation ($467k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.9% of the total. Other salaries and wages came to $156k. At year end it held assets of $395k against liabilities of $5,029, net assets of $390k. It reported 5 employees.