Committee for Hancock County Senior Citizens Inc

Analysis

Committee for Hancock County Senior Citizens Inc is a registered charity in United States, based in New Cumberlnd, WV. It received its IRS tax-exemption ruling in September 1977, 49 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, Committee for Hancock County Senior Citizens Inc reported income of $398k and spending of $452k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $741k to $398k (-46%), an average of -14% a year. The sharpest change came in the year to September 2021, when income dropped by 36%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Committee for Hancock County Senior Citizens Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WV. Charities of a similar size with the same main cause include Crossroads of Pella ($398k), Chinook Aquatic Club ($398k) and Ptsa Connecticut Inc ($398k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 7.2% of the total. Other salaries and wages came to $217k. At year end it held assets of $201k against liabilities of $34k, net assets of $167k. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.