Area Five Agency on Aging & Community Services

Analysis

Area Five Agency on Aging & Community Services is a registered charity in United States, based in Logansport, IN. It received its IRS tax-exemption ruling in March 1975, 51 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, Area Five Agency on Aging & Community Services reported income of $9.3m and spending of $9.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $9.3m (+15%), an average of +3.5% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Five Agency on Aging & Community Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Douglass Community Services Inc ($9.3m), Shady Lane Home Inc ($9.3m) and City Mission Society Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $264k (2.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $5.9m against liabilities of $3.0m, net assets of $2.9m. It reported 190 employees.