Aging & Family Services of Mineral County Inc

Analysis

Aging & Family Services of Mineral County Inc is a registered charity in United States, based in Keyser, WV. It received its IRS tax-exemption ruling in January 1975, 51 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, Aging & Family Services of Mineral County Inc reported income of $5.0m and spending of $4.3m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.9m to $5.0m (+72%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aging & Family Services of Mineral County Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Four-Square Community Action Inc ($5.0m), Society of St Vincent de Paul Council of Northern Kentucky Inc ($5.0m) and Living and Learning Enrichment Center ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $88k (2.0% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.1m against liabilities of $546k, net assets of $4.6m. It reported 170 employees.