Kearsarge Area Council on Aging Inc Treasurer

Analysis

Kearsarge Area Council on Aging Inc Treasurer is a registered charity in United States, based in New London, NH. It received its IRS tax-exemption ruling in January 1993, 33 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 December 2023, Kearsarge Area Council on Aging Inc Treasurer reported income of $264k and spending of $274k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $264k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kearsarge Area Council on Aging Inc Treasurer 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 59th percentile, and in the 62nd percentile within NH. Charities of a similar size with the same main cause include Beresford Child Care Inc ($264k), Northeast Florida Builders Association Charitable Foundation ($264k) and Hope Matters Marriage Ministries ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $94k (34% of expenses). Other salaries and wages came to $68k. At year end it held assets of $1.1m against liabilities of $7,968, net assets of $1.1m. It reported 5 employees.