Gray Co Over Fifty Inc

Analysis

Gray Co Over Fifty Inc is a registered charity in United States, based in Cimarron, KS. It received its IRS tax-exemption ruling in November 1986, 40 years ago. 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, Gray Co Over Fifty Inc reported income of $61k and spending of $49k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $61k (-12%), an average of -12% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gray Co Over Fifty Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within KS. Charities of a similar size with the same main cause include Society of Women Engineers ($61k), New Hampshire Farm and Forest Exposition ($61k) and New York State Organization of Bursars & Business Admininstrators ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.