Dorchester County Commission on the Aging Inc

Analysis

Dorchester County Commission on the Aging Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in June 1987, 39 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 June 2023, Dorchester County Commission on the Aging Inc reported income of $1.0m and spending of $1.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $855k to $1.0m (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dorchester County Commission on the Aging Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Madison County Senior Citizens Center Inc ($1.0m), Kingdom Builders Family Life Center ($1.0m) and Bridge of Hope SD Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $76k (6.8% of expenses). Other salaries and wages came to $514k. At year end it held assets of $2.1m against liabilities of $534k, net assets of $1.6m. It reported 18 employees.