Aging Services Inc

Analysis

Aging Services Inc is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in March 1981, 45 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, Aging Services Inc reported income of $3.5m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.5m (+5.3%), an average of +1.3% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aging Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Christian Service Center for Central Florida Inc ($3.5m), Menifee County Nursing Home Corporation ($3.5m) and Community Family Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $93k (2.8% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.4m against liabilities of $356k, net assets of $3.1m. It reported 62 employees.