P โ€” Human ServicesEIN: 550531508ยท Ruling Year: 1980

Council On Aging Inc

Mullens, West Virginia

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

๐Ÿ’ฐ
$7.0M
Total Revenue
๐Ÿ“Š
$6.0M
Total Expenses
๐Ÿฆ
$5.6M
Net Assets
๐Ÿ“‹
$1.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+13.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.93
Net assets divided by total expenses
Liabilities-to-Assets
23.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,965,662โ†‘4%$6,025,645โ†‘10%$7,370,827โ†‘15%
2022$6,725,877โ†‘4%$5,486,439โ†‘8%$6,393,520โ†‘25%
2021$6,438,869โ†‘33%$5,071,241โ†‘12%$5,122,347โ†‘30%
2020$4,841,718โ†‘4%$4,543,585โ†‘1%$3,947,140โ†‘11%
2019$4,673,781โ†‘2%$4,497,010โ†‘2%$3,548,753โ†“1%
2018$4,591,309โ†“4%$4,408,255โ†“4%$3,580,954โ†‘4%
2017$4,760,003โ†‘9%$4,592,777โ†‘2%$3,445,488โ†‘7%
2016$4,351,126โ†“8%$4,501,889โ†“6%$3,232,571โ†“4%
2015$4,731,977โ†“4%$4,770,501โ†“1%$3,365,061โ†‘36%
2014$4,932,172โ†“7%$4,837,242โ†“4%$2,467,903โ†‘51%
2013$5,276,302โ†“1%$5,046,536โ†‘1%$1,638,934โ†‘17%
2012$5,310,814โ†‘7%$4,994,594โ†‘2%$1,397,436โ†‘29%
2011$4,953,574$4,880,040$1,084,381

Frequently Asked Questions

What does Council On Aging Inc do?โ–ผ

Council On Aging Inc is a human services nonprofit organization based in West Virginia. It is classified under NTEE code P81Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Council On Aging Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Council On Aging Inc has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Council On Aging Inc generate?โ–ผ

Council On Aging Inc reports $6.1M in annual revenue and holds $7.0M in total assets, based on IRS filings.

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Council On Aging Inc โ€” Mullens, WV | GiveScope