Lagrange County Council on Aging Inc

Analysis

Lagrange County Council on Aging Inc is a registered charity in United States, based in Lagrange, IN. It received its IRS tax-exemption ruling in November 1982, 44 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 December 2022, Lagrange County Council on Aging Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.0m to $1.2m (+13%), an average of +4.1% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lagrange County Council on Aging Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include V M I Alumni Association ($1.2m), Agriculture and Forestry Education Foundation ($1.2m) and Maryland Association Non-Public Special Education Facilities Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $393k. At year end it held assets of $889k against liabilities of $177k, net assets of $712k. It reported 17 employees.