Council of Senior Citizens of Gilmer County Inc
Analysis
Council of Senior Citizens of Gilmer County Inc is a registered charity in United States, based in Glenville, WV. It received its IRS tax-exemption ruling in February 1974, 52 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, Council of Senior Citizens of Gilmer County Inc reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.8m (+25%), an average of +5.8% a year. The sharpest change came in the year to September 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Council of Senior Citizens of Gilmer County Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WV. Charities of a similar size with the same main cause include Cove Communities Senior Association ($1.8m), Search and Care Inc ($1.8m) and Actions Incorporated of Brazoria County ($1.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $110k (6.2% of expenses). Other salaries and wages came to $972k. At year end it held assets of $3.3m against liabilities of $88k, net assets of $3.2m. It reported 68 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 55%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cove Communities Senior Association | Palm Desert | $1.8m |
| Search and Care Inc | New York | $1.8m |
| Actions Incorporated of Brazoria County | Angleton | $1.8m |
| Central Michigan Non-Profit Housing Corporation | Mt Pleasant | $1.8m |