Summers County Council on Aging

Analysis

Summers County Council on Aging is a registered charity in United States, based in Hinton, WV. It received its IRS tax-exemption ruling in June 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, Summers County Council on Aging reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.3m to $1.3m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Summers County Council on Aging sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within WV. Charities of a similar size with the same main cause include Heartbeat International Missions ($1.3m), Forward Stride ($1.3m) and Womankind Inc ($1.3m).

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 $53k (4.4% of expenses). Other salaries and wages came to $707k. At year end it held assets of $1.2m against liabilities of $58k, net assets of $1.1m.