Nassau County Council on Aging Incorporated

Analysis

Nassau County Council on Aging Incorporated is a registered charity in United States, based in Fernandina Beach, FL. It received its IRS tax-exemption ruling in June 1979, 47 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, Nassau County Council on Aging Incorporated reported income of $5.7m and spending of $5.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $5.7m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nassau County Council on Aging Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Pathway Ministries ($5.7m), Mennowood Communities Inc ($5.7m) and Golden Gate Development Corporation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 8.1% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $9.3m against liabilities of $2.0m, net assets of $7.3m. It reported 115 employees.