Washington County Economic Opportunity Council Inc

Analysis

Washington County Economic Opportunity Council Inc is a registered charity in United States, based in Fort Edward, NY. It received its IRS tax-exemption ruling in July 1967, 59 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 March 2023, Washington County Economic Opportunity Council Inc reported income of $6.5m and spending of $6.5m, spending 99% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $5.8m to $6.5m (+12%), an average of +3.7% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Washington County Economic Opportunity Council Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Maine Organic Farmers & Gardeners Association ($6.5m), Jafco Childrens Foundation Inc ($6.5m) and Service Program for Older People Inc ($6.5m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $148k (2.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $2.5m against liabilities of $1.0m, net assets of $1.4m. It reported 191 employees.