Wood County Junior Livestock Committee Inc

Analysis

Wood County Junior Livestock Committee Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Wood County Junior Livestock Committee Inc reported income of $284k and spending of $289k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $214k to $284k (+32%), an average of +7.3% a year. The sharpest change came in the year to September 2021, when income rose by 10283%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wood County Junior Livestock Committee 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 61st percentile, and in the 59th percentile within WV. Charities of a similar size with the same main cause include School of Unity and Liberation ($284k), Jo-Ota Methodist Association ($284k) and Girls on the Run 334 ($283k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.