Active Aging Foundation

Analysis

Active Aging Foundation is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Active Aging Foundation reported income of $1.4m and spending of $501k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $681k to $1.4m (+101%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Active Aging Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Special Services Sheltered Workshop ($1.4m), HCS Family Services ($1.4m) and Peoria Friendship House of Christian Service ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $3.9m against liabilities of $55k, net assets of $3.9m.