McDowell County Convention and Vistors Bureau Inc

Analysis

McDowell County Convention and Vistors Bureau Inc is a registered charity in United States, based in Welch, WV. It received its IRS tax-exemption ruling in May 2017, 9 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 June 2023, McDowell County Convention and Vistors Bureau Inc reported income of $114k and spending of $157k, spending 138% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $108k to $114k (+4.8%), an average of +4.8% a year. Over the whole period it spent 131% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, McDowell County Convention and Vistors Bureau Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within WV. Charities of a similar size with the same main cause include Julies Purse Project ($114k), Greater Topeka Partnership Foundation ($114k) and Midsouth Collaborative Inc ($114k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $74k against liabilities of $45k, net assets of $29k.