Central West Virginia Community Action Association Inc

Analysis

Central West Virginia Community Action Association Inc is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in July 1967, 59 years ago. 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, Central West Virginia Community Action Association Inc reported income of $4.9m and spending of $4.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.9m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central West Virginia Community Action Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within WV. Charities of a similar size with the same main cause include Healthy Start Coalition of Orange County Inc ($4.9m), Helping Hand Association Inc ($4.9m) and Saint Ann Retirement Center Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $85k (1.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.7m against liabilities of $294k, net assets of $1.4m. It reported 111 employees.