Lenoir County Council on Aging Inc

Analysis

Lenoir County Council on Aging Inc is a registered charity in United States, based in Kinston, NC. It received its IRS tax-exemption ruling in August 1985, 41 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 2024, Lenoir County Council on Aging Inc reported income of $652k and spending of $650k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $529k to $652k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lenoir County Council on Aging Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include United Christian Ministries ($652k), Beleaf Survivors Inc ($652k) and Yamhill Carlton Together Cares Inc ($652k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $232k. At year end it held assets of $689k against liabilities of $30k, net assets of $659k. It reported 20 employees.