Committee on Aging for Randolph

Analysis

Committee on Aging for Randolph is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in October 1968, 58 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, Committee on Aging for Randolph reported income of $3.3m and spending of $2.8m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.9m to $3.3m (+13%), an average of +3.2% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Committee on Aging for Randolph sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include Outreach-Center for Community Resources ($3.3m), Presbyterian Villages of Michigan Foundation ($3.3m) and Young Womens Christian Association of LA Crosse ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $133k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.1m against liabilities of $278k, net assets of $4.8m.