Wilkes Senior Resources

Analysis

Wilkes Senior Resources is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in June 1988, 38 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, Wilkes Senior Resources reported income of $570k and spending of $544k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $580k to $570k (-1.8%), an average of -0.4% a year. 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, Wilkes Senior Resources sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Ability Tree Inc ($570k), Fulton County Rural Transit Inc ($570k) and Pearl of Grace Ranch Inc ($570k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $44k (8.0% of expenses). At year end it held assets of $532k against liabilities of $18k, net assets of $514k. It reported 15 employees.