Senior Monongalions Inc

Analysis

Senior Monongalions Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in January 1978, 48 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, Senior Monongalions Inc reported income of $1.3m and spending of $1.3m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.6m to $1.3m (-21%), an average of -5.7% a year. The sharpest change came in the year to September 2020, when income dropped by 30%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Monongalions Inc 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 Morongo Basin Unity Home Inc ($1.3m), St Margarets House ($1.3m) and Mias Homes Foster Family Agency ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $57k (4.3% of expenses). Other salaries and wages came to $626k. At year end it held assets of $930k against liabilities of $76k, net assets of $854k. It reported 63 employees.