American Aging Association Inc

Analysis

American Aging Association Inc is a registered charity in United States, based in Bandera, TX. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, American Aging Association Inc reported income of $753k and spending of $343k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $753k (+122%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Aging Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Down Syndrome Association of Northeast Ohio ($753k), HCPN Inc ($753k) and Westport Baseball & Softball Inc ($753k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 78% of the total. At year end it held assets of $1.3m against liabilities of $45k, net assets of $1.3m.