Wyoming County Community Action Inc

Analysis

Wyoming County Community Action Inc is a registered charity in United States, based in Perry, NY. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Wyoming County Community Action Inc reported income of $2.4m and spending of $2.6m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wyoming County Community Action Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include General Society of Mechanics & Tradesmen ($2.4m), Ohio CDC Association ($2.4m) and Rockville Economic Development Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $190k (7.2% of expenses). Other salaries and wages came to $731k. At year end it held assets of $1.6m against liabilities of $1.8m, net assets of -$172k. It reported 67 employees.