Aging and Community Services of South Central Indiana Inc
Analysis
Aging and Community Services of South Central Indiana Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in March 1982, 44 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 June 2023, Aging and Community Services of South Central Indiana Inc reported income of $8.1m and spending of $8.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.1m (+13%), an average of +3.0% a year. Over the whole period it spent 101% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aging and Community Services of South Central Indiana 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 94th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Community Options Inc ($8.1m), Cambria Residential Services ($8.1m) and Caties Closet Inc ($8.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $300k (3.6% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $2.3m against liabilities of $1.2m, net assets of $1.1m. It reported 121 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Options Inc | Montrose | $8.1m |
| Cambria Residential Services | Johnstown | $8.1m |
| Caties Closet Inc | Dracut | $8.1m |
| Hannas House | Commerce | $8.1m |