Council on Aging of Florida Inc

Analysis

Council on Aging of Florida Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Council on Aging of Florida Inc reported income of $480k and spending of $458k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $494k to $480k (-2.8%), an average of -0.6% a year. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Council on Aging of Florida Inc 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 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Colorado Melanoma Foundation Inc ($480k), Community Health Clinic of Butlercounty Inc ($480k) and Black Mountain Counseling Center Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $260k (57% of expenses). Other salaries and wages came to $103k. At year end it held assets of $533k against liabilities of $245k, net assets of $288k. It reported 2 employees.