Marion County Council on Aging

Analysis

Marion County Council on Aging is a registered charity in United States, based in Marion, SC. It received its IRS tax-exemption ruling in June 1976, 50 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, Marion County Council on Aging reported income of $426k and spending of $394k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $284k to $426k (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marion County Council on Aging sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include Vaad Shadchunim ($426k), Abigail Ministries ($426k) and Wayfaring Band Inc ($426k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $47k (12% of expenses). Other salaries and wages came to $92k. At year end it held assets of $325k against liabilities of $11k, net assets of $315k. It reported 11 employees.