Clearfield County Area Agency on Aging Inc

Analysis

Clearfield County Area Agency on Aging Inc is a registered charity in United States, based in Curwensville, PA. It received its IRS tax-exemption ruling in August 1978, 48 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 June 2023, Clearfield County Area Agency on Aging Inc reported income of $6.0m and spending of $6.1m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.3m to $6.0m (+37%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clearfield County Area Agency on Aging Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Prevention 305 Inc ($6.0m), Childcare Resource Network Inc ($6.0m) and Shares Nation Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $105k (1.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.7m against liabilities of $557k, net assets of $3.1m. It reported 89 employees.