Calhoun County Committee on Aging Inc

Analysis

Calhoun County Committee on Aging Inc is a registered charity in United States, based in Grantsville, WV. It received its IRS tax-exemption ruling in June 1980, 46 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 September 2023, Calhoun County Committee on Aging Inc reported income of $1.4m and spending of $1.1m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $819k to $1.4m (+69%), an average of +14% a year. The sharpest change came in the year to September 2022, when income dropped by 100%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calhoun County Committee on Aging Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within WV. Charities of a similar size with the same main cause include Pre-Trial Services Corporation of the Monroe County Bar Association ($1.4m), Horace Bushnell Congregate Homes Inc ($1.4m) and Wabasha County Developmental Achievement Center Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $51k (4.6% of expenses). Other salaries and wages came to $621k. At year end it held assets of $1.2m against liabilities of $116k, net assets of $1.1m. It reported 35 employees.