Fayette County Commission on Aging Inc

Analysis

Fayette County Commission on Aging Inc is a registered charity in United States, based in Washington CH, OH. It received its IRS tax-exemption ruling in May 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fayette County Commission on Aging Inc reported income of $199k and spending of $365k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $217k to $199k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fayette County Commission on Aging Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Wantagh Little League Inc ($199k), Area Churches Team Services Inc ($199k) and Aha Pierce County Association ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 69% of the total. At year end it held assets of $332k against liabilities of $0, net assets of $332k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.