Friends of the Duxbury Council on Aging Inc

Analysis

Friends of the Duxbury Council on Aging Inc is a registered charity in United States, based in Duxbury, MA. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 June 2023, Friends of the Duxbury Council on Aging Inc reported income of $244k and spending of $250k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $157k to $244k (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Duxbury Council on Aging Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Atlantic Beach King Mackerel Fishing Tournament Inc ($244k), Clinical Orthopaedic Society Inc ($244k) and Community Music Center of Houston ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $715k against liabilities of $116k, net assets of $598k.