Licking County Aging Program Inc

Analysis

Licking County Aging Program Inc is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in November 1967, 59 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 2023, Licking County Aging Program Inc reported income of $6.3m and spending of $6.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $6.3m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose 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, Licking County Aging Program Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Cayuga Counseling Services Inc ($6.3m), The North Carolina Community Action Association ($6.3m) and Sheltered Work Activity Program Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $182k (2.9% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $8.1m against liabilities of $2.1m, net assets of $6.0m. It reported 130 employees.