Vital Aging of Williamsburg County Inc

Analysis

Vital Aging of Williamsburg County Inc is a registered charity in United States, based in Kingstree, SC. It received its IRS tax-exemption ruling in March 1997, 29 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, Vital Aging of Williamsburg County Inc reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.3m to $1.0m (-23%), an average of -6.2% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vital Aging of Williamsburg County Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Give-Mentor-Love Foundation ($1.0m), Youth & Family Resource Center Inc ($1.0m) and Womens Alliance Incorporated ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $171k (17% of expenses). Other salaries and wages came to $293k. At year end it held assets of $1.7m against liabilities of $48k, net assets of $1.7m. It reported 2 employees.