Wexford County Council on Aging

Analysis

Wexford County Council on Aging is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in November 1989, 37 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, Wexford County Council on Aging reported income of $2.0m and spending of $1.7m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wexford County Council on Aging sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Opportunity Development Inc ($2.0m), Ariva Inc ($2.0m) and Child Care Coordinating Council of the North Country ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $75k (4.5% of expenses). Other salaries and wages came to $980k. At year end it held assets of $2.3m against liabilities of $94k, net assets of $2.3m. It reported 39 employees.