Wood County Society Inc

Analysis

Wood County Society Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in June 1960, 66 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Wood County Society Inc reported income of $520k and spending of $506k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $520k (+137%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wood County Society Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WV. Charities of a similar size with the same main cause include Three Rivers Ambulance Service Inc ($520k), Animal Cancer Foundation ($520k) and Objective Zero Foundation ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). Other salaries and wages came to $135k. At year end it held assets of $515k against liabilities of $2,991, net assets of $512k. It reported 7 employees.