Aging Services for Communities

Analysis

Aging Services for Communities is a registered charity in United States, based in Montgomery, MN. It received its IRS tax-exemption ruling in October 2005, 21 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, Aging Services for Communities reported income of $799k and spending of $768k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $787k to $799k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 15%. 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, Aging Services for Communities sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Casa de LA Cultura ($799k), Adrn Thrift Store Inc ($799k) and Lets Talk Safety Inc ($799k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Other salaries and wages came to $457k. At year end it held assets of $494k against liabilities of $552, net assets of $493k. It reported 49 employees.