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Commission on Aging Family Services Inc

RegisteredEIN 55-0538902Petersburg, WVPoverty relief
Income$2.1m2023-09
Spending$2.1msame year
Spent / received100%5-year average
Size in its cause83rd pctPoverty relief
Exempt since1980Publicly supported organisat
Employees62latest return

Analysis

Commission on Aging Family Services Inc is a registered charity in United States, based in Petersburg, WV. It received its IRS tax-exemption ruling in May 1980, 46 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, Commission on Aging Family Services Inc reported income of $2.1m and spending of $2.1m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $2.1m (+32%), an average of +7.3% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Commission on Aging Family Services 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 86th percentile, and in the 86th percentile within WV. Charities of a similar size with the same main cause include Quality Management Associates Inc ($2.1m), Waldo County Young Mens Christian Association ($2.1m) and Metropolitan Detroit Baptist Manor ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $66k (3.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $444k, net assets of $780k. It reported 62 employees.

Income and spending

$0$519k$1.0m$1.6m$2.1m2019 Income: $1,557,0722019 Spending: $1,554,52720192020 Income: $1,569,6492020 Spending: $1,613,14720202021 Income: $1,583,1842021 Spending: $1,608,47020212022 Income: $1,711,8362022 Spending: $1,659,94820222023 Income: $2,063,0832023 Spending: $2,076,0692023
IncomeSpending

Where the income comes from

  • Contributions & grants 37%
  • Program services 62%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Quality Management Associates IncPalmyra$2.1m
Waldo County Young Mens Christian AssociationBelfast$2.1m
Metropolitan Detroit Baptist ManorFarmingtn HLS$2.1m
Covenant Community Services IncBakersfield$2.1m