Mason County Action Group Inc

Analysis

Mason County Action Group Inc is a registered charity in United States, based in Pt Pleasant, WV. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mason County Action Group Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.7m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2021, when income rose by 15%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mason County Action Group Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within WV. Charities of a similar size with the same main cause include Metropolitan Detroit Plumbing Industry Training Trust Fund ($1.7m), The Los Angeles Development Fund ($1.7m) and Warren County Sheltered Workshop Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $97k (6.1% of expenses). Other salaries and wages came to $874k. At year end it held assets of $1.1m against liabilities of $76k, net assets of $1.1m. It reported 56 employees.