Raleigh County Commission on Aging Inc

Analysis

Raleigh County Commission on Aging Inc is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in July 1981, 45 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, Raleigh County Commission on Aging Inc reported income of $8.4m and spending of $8.1m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.7m to $8.4m (+47%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raleigh County Commission on Aging Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WV. Charities of a similar size with the same main cause include Iowa Odd Fellows and Orphans Home ($8.4m), Wayside Christian Mission ($8.4m) and Georgia Nutritional Services Inc ($8.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $209k (2.6% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $10.4m against liabilities of $216k, net assets of $10.2m. It reported 333 employees.