Parker County Committee on Aging Inc

Analysis

Parker County Committee on Aging Inc is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in July 1976, 50 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, Parker County Committee on Aging Inc reported income of $793k and spending of $687k, spending 87% of its income. The sharpest change came in the year to September 2022, when income rose by 28%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parker County Committee on Aging Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Rural Dynamics Inc ($793k), Asia Initiatives ($793k) and Serving Our Kids Foundation ($793k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $285k. At year end it held assets of $1.2m against liabilities of $123k, net assets of $1.1m. It reported 12 employees.