First State Community Action Agency Inc

Analysis

First State Community Action Agency Inc is a registered charity in United States, based in Georgetown, DE. It received its IRS tax-exemption ruling in April 1971, 55 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 June 2023, First State Community Action Agency Inc reported income of $8.6m and spending of $8.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.8m to $8.6m (+26%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First State Community Action Agency Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within DE. Charities of a similar size with the same main cause include Miss Dig System Inc ($8.6m), Programs for Parents Inc ($8.6m) and Mount St Joseph ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $103k (1.2% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $3.4m against liabilities of $2.0m, net assets of $1.4m. It reported 265 employees.