Area Agency of Aging District 7 Inc

Analysis

Area Agency of Aging District 7 Inc is a registered charity in United States, based in Jackson, OH. It received its IRS tax-exemption ruling in August 1982, 44 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, Area Agency of Aging District 7 Inc reported income of $68.3m and spending of $67.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $64.6m to $68.3m (+5.7%), an average of +1.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Area Agency of Aging District 7 Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Menlo School ($68.1m), Capital Area Health Consortium Inc ($68.3m) and Black Veterans for Social Justice Inc ($67.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $220k (0.3% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $15.7m against liabilities of $11.2m, net assets of $4.6m. It reported 215 employees.