Tipton County Council on Aging

Analysis

Tipton County Council on Aging is a registered charity in United States, based in Tipton, IN. It received its IRS tax-exemption ruling in May 2011, 15 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, Tipton County Council on Aging reported income of $219k and spending of $233k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $239k to $219k (-8.4%), an average of -8.4% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tipton County Council on Aging sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Families Forward Inc ($219k), Al Medina Mercy Ny Inc ($219k) and National Charity League Palos Verdes Provisional Chapter ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $38k (17% of expenses). Other salaries and wages came to $83k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 5 employees.