Friends of Wood County Committee on Aging Inc

Analysis

Friends of Wood County Committee on Aging Inc is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in February 2016, 10 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, Friends of Wood County Committee on Aging Inc reported income of $78k and spending of $24k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $78k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Wood County Committee on Aging Inc 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 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Police and Fire the Fallen Heroes ($78k), Living Hope Childrens Mission Inc ($78k) and Personal Transformation and Courage Institute Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.