Friends of Coal Ladies Auxiliiary

Analysis

Friends of Coal Ladies Auxiliiary is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in May 2011, 15 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 December 2023, Friends of Coal Ladies Auxiliiary reported income of $185k and spending of $151k, spending 82% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $174k to $185k (+6.4%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Coal Ladies Auxiliiary sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Yorktown Community Development Corporation ($185k), Ashe County Job Development Inc ($185k) and Community Projects of Havre de Grace Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $119k against liabilities of $3,349, net assets of $116k.