Community Services of Venango County

Analysis

Community Services of Venango County is a registered charity in United States, based in Oil City, PA. It received its IRS tax-exemption ruling in November 1973, 53 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, Community Services of Venango County reported income of $4.6m and spending of $4.8m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.6m (+18%), an average of +4.3% 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, Community Services of Venango County 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 90th percentile within PA. Charities of a similar size with the same main cause include North Central Community Action Agency Inc Neighborhood Center Pro ($4.6m), Pinky Swear Foundation ($4.6m) and Marshfield Agricultural & Horticultural Society ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $65k (1.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.9m against liabilities of $431k, net assets of $1.4m. It reported 75 employees.