Taylor County Development Authority Incorporated

Analysis

Taylor County Development Authority Incorporated is a registered charity in United States, based in Grafton, WV. It received its IRS tax-exemption ruling in January 2016, 10 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 2024, Taylor County Development Authority Incorporated reported income of $69k and spending of $37k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $45k to $69k (+53%), an average of +53% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Taylor County Development Authority Incorporated sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include Paradise Park Foundation ($69k), Vision Supply ($69k) and Kent Rotary Foundation ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $316k against liabilities of $0, net assets of $316k.