Brandywine Valley Active Aging

Analysis

Brandywine Valley Active Aging is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in October 1978, 48 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, Brandywine Valley Active Aging reported income of $2.1m and spending of $2.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $290k to $2.1m (+624%), an average of +64% a year. The sharpest change came in the year to June 2023, when income rose by 89%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brandywine Valley Active Aging sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Suzuki School of Newton Inc ($2.1m), United Way of Aiken County ($2.1m) and Dade Amateur Golf Association Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $99k (4.3% of expenses). Other salaries and wages came to $556k. At year end it held assets of $1.7m against liabilities of $114k, net assets of $1.5m. It reported 22 employees.