Lee County Council of Aging Inc

Analysis

Lee County Council of Aging Inc is a registered charity in United States, based in Bishopville, SC. It received its IRS tax-exemption ruling in February 1976, 50 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, Lee County Council of Aging Inc reported income of $737k and spending of $543k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $437k to $737k (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lee County Council of Aging Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Holy Cross Village Inc ($737k), Norman Quintero Ministries Inc ($737k) and Bradford Fire and Rescue Services Inc ($737k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $180k. At year end it held assets of $883k against liabilities of $196k, net assets of $687k. It reported 14 employees.