Marion County Council on Aging Inc

Analysis

Marion County Council on Aging Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Marion County Council on Aging Inc reported income of $1.1m and spending of $870k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $807k to $1.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Marion County Council on Aging Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Community Settlement Association of Riverside ($1.1m), Grayson County Alliance Inc ($1.1m) and Child Care Resources and Referral Network ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $69k (7.9% of expenses). Other salaries and wages came to $15k. At year end it held assets of $1.7m against liabilities of $61k, net assets of $1.7m. It reported 2 employees.