Monroe County Council on Aging Incorporated

Analysis

Monroe County Council on Aging Incorporated is a registered charity in United States, based in Lindside, WV. It received its IRS tax-exemption ruling in September 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, Monroe County Council on Aging Incorporated reported income of $928k and spending of $998k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $928k (-28%), an average of -7.9% a year. The sharpest change came in the year to September 2021, when income dropped by 15%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Monroe County Council on Aging Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within WV. Charities of a similar size with the same main cause include Heavenly Day Care and Learning Center ($927k), Milele International ($928k) and Parents in Partnership ($927k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $54k (5.4% of expenses). Other salaries and wages came to $417k. At year end it held assets of $4.0m against liabilities of $38k, net assets of $4.0m. It reported 32 employees.