Mountain Empire Older Citizens Inc

Analysis

Mountain Empire Older Citizens Inc is a registered charity in United States, based in Big Stone Gap, VA. It received its IRS tax-exemption ruling in January 1977, 49 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 September 2023, Mountain Empire Older Citizens Inc reported income of $18.9m and spending of $18.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.0m to $18.9m (+26%), an average of +6.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mountain Empire Older Citizens Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Prospectus Associates Inc ($18.9m), Epworth Childrens Home ($18.9m) and Food Finders Food Bank Inc ($18.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.4% and program service revenue 92% of the total. Other salaries and wages came to $7.3m. At year end it held assets of $9.1m against liabilities of $5.1m, net assets of $4.0m. It reported 283 employees.