Harlan County Committee on Aging Inc

Analysis

Harlan County Committee on Aging Inc is a registered charity in United States, based in Harlan, KY. It received its IRS tax-exemption ruling in March 1981, 45 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, Harlan County Committee on Aging Inc reported income of $590k and spending of $544k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $389k to $590k (+52%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 19%. 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, Harlan County Committee on Aging Inc 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 73rd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Yield Lab Institute ($590k), Niobrara Senior Center Incorporated ($590k) and Veterans Yoga Project ($590k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $31k (5.7% of expenses). Other salaries and wages came to $219k. At year end it held assets of $770k against liabilities of $5,933, net assets of $765k. It reported 23 employees.