Martin County Council on Aging Inc

Analysis

Martin County Council on Aging Inc is a registered charity in United States, based in Williamston, NC. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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, Martin County Council on Aging Inc reported income of $93k and spending of $97k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $102k to $93k (-8.7%), an average of -8.7% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Martin County Council on Aging Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Saguaro Camp Cedarbrook ($93k), Wilshire Athletic Association ($93k) and Lee Hopp Save Foundation ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 27% of the total. At year end it held assets of $187k against liabilities of $2,935, net assets of $184k.