WVSC Metro Area Agency on Aging Inc

Analysis

WVSC Metro Area Agency on Aging Inc is a registered charity in United States, based in Cross Lanes, WV. It received its IRS tax-exemption ruling in February 1994, 32 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, WVSC Metro Area Agency on Aging Inc reported income of $11.4m and spending of $11.8m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.8m to $11.4m (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2020, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, WVSC Metro Area Agency on Aging Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WV. Charities of a similar size with the same main cause include Renewal of Life Inc ($11.4m), St Anns Senior Housing Inc ($11.4m) and Casa de Amparo ($11.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (0.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.0m against liabilities of $1.1m, net assets of $838k. It reported 29 employees.