Cumberland County Coordinating Council on Older Adults Inc

Analysis

Cumberland County Coordinating Council on Older Adults Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in November 1969, 57 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, Cumberland County Coordinating Council on Older Adults Inc reported income of $2.1m and spending of $1.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.1m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cumberland County Coordinating Council on Older Adults Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Farm Alliance of Baltimore Inc ($2.1m), Riverdale Senior Services Inc ($2.1m) and Korean Service Center Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Other salaries and wages came to $542k. At year end it held assets of $832k against liabilities of $221k, net assets of $612k. It reported 24 employees.