Central West Virginia Aging Services Inc

Analysis

Central West Virginia Aging Services Inc is a registered charity in United States, based in Buckhannon, WV. It received its IRS tax-exemption ruling in March 1982, 44 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 June 2023, Central West Virginia Aging Services Inc reported income of $19.4m and spending of $14.9m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.5m to $19.4m (+34%), an average of +7.6% a year. 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, Central West Virginia Aging Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Childrens Learning Centers of Fairfield County Inc ($19.4m), Childrens Trust Fund of South Carolina ($19.4m) and Franke Tobey Jones ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $227k (1.5% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $18.4m against liabilities of $681k, net assets of $17.7m. It reported 693 employees.