Wood County Senior Citizens Association

Analysis

Wood County Senior Citizens Association is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in November 1977, 49 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, Wood County Senior Citizens Association reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.4m (+21%), an average of +5.0% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wood County Senior Citizens Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within WV. Charities of a similar size with the same main cause include Paradise Adolescent Homes Inc ($1.4m), Visiting Homemaker Service of Hudson Co ($1.4m) and Wiregrass Area Food Bank Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $73k (5.5% of expenses). Other salaries and wages came to $480k. At year end it held assets of $734k against liabilities of $52k, net assets of $683k.