Wayne County Community Services Organization Inc

Analysis

Wayne County Community Services Organization Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Wayne County Community Services Organization Inc reported income of $2.4m and spending of $2.7m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.4m (+34%), an average of +7.6% a year. The sharpest change came in the year to September 2020, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wayne County Community Services Organization Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WV. Charities of a similar size with the same main cause include Harvest Hands Community Development Corporation ($2.4m), Faith in Florida Inc ($2.4m) and Backstretch Employee Service Team of New York Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $75k (2.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.6m against liabilities of $2.0m, net assets of -$378k. It reported 93 employees.