Fayette County Commission on Aging Incorporated

Analysis

Fayette County Commission on Aging Incorporated is a registered charity in United States, based in Somerville, TN. It received its IRS tax-exemption ruling in September 1987, 39 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 2024, Fayette County Commission on Aging Incorporated reported income of $219k and spending of $209k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $148k to $219k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fayette County Commission on Aging Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Fit International ($219k), R a Vernon Ministries Inc ($219k) and San Diego-Imperial Co Regional Serv Office of Narcotics Anonymous ($219k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Other salaries and wages came to $61k. At year end it held assets of $30k against liabilities of $70k, net assets of -$39k. It reported 2 employees.