Pennsylvania Association of Area Agency on Aging Directors Inc

Analysis

Pennsylvania Association of Area Agency on Aging Directors Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pennsylvania Association of Area Agency on Aging Directors Inc reported income of $49.6m and spending of $48.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.3m to $49.6m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennsylvania Association of Area Agency on Aging Directors Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Johns Hopkins Home Care Group Inc ($49.5m), Samaritan Healthcare & Hospice Inc ($49.6m) and Catholic Charities of the Diocese of Yakima ($49.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $133k (0.3% of expenses). Other salaries and wages came to $861k. At year end it held assets of $22.7m against liabilities of $18.4m, net assets of $4.3m. It reported 17 employees.