Fairfield County Council on Aging 321 Bypass

Analysis

Fairfield County Council on Aging 321 Bypass is a registered charity in United States, based in Winnsboro, SC. It received its IRS tax-exemption ruling in September 2011, 15 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, Fairfield County Council on Aging 321 Bypass reported income of $952k and spending of $969k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $639k to $952k (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fairfield County Council on Aging 321 Bypass 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 79th percentile, and in the 82nd percentile within SC. Charities of a similar size with the same main cause include Child Care Council of Buchanan County ($952k), Chinese Consolidated Benevolent Association ($952k) and Rainbow Junction Ltd ($951k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $64k (6.6% of expenses). Other salaries and wages came to $280k. At year end it held assets of $1.2m against liabilities of $50k, net assets of $1.2m. It reported 14 employees.