Knoxville Senior Center

Analysis

Knoxville Senior Center is a registered charity in United States, based in Knoxville, IA. It received its IRS tax-exemption ruling in January 2016, 10 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 December 2023, Knoxville Senior Center reported income of $276k and spending of $245k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $206k to $276k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knoxville Senior Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Chosen Inc of Wisconsin ($276k), Women of Wisdom Wow Tricities ($276k) and Provee International Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Other salaries and wages came to $74k. At year end it held assets of $159k against liabilities of $0, net assets of $159k. It reported 6 employees.