Jackson County Board on Aging Inc

Analysis

Jackson County Board on Aging Inc is a registered charity in United States, based in Jackson, OH. It received its IRS tax-exemption ruling in December 1973, 53 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, Jackson County Board on Aging Inc reported income of $1.5m and spending of $1.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.5m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jackson County Board on Aging Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Covenant Living of Geneva ($1.5m), Dakota Woodlands Inc ($1.5m) and Royal Ridges Retreat at Andersen Ranch ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $69k (5.2% of expenses). Other salaries and wages came to $559k. At year end it held assets of $2.3m against liabilities of $81k, net assets of $2.2m. It reported 39 employees.