Area Agency on Aging Planning and Service Area 2

Analysis

Area Agency on Aging Planning and Service Area 2 is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in April 1993, 33 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, Area Agency on Aging Planning and Service Area 2 reported income of $52.7m and spending of $51.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $49.3m to $52.7m (+6.8%), an average of +1.7% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Agency on Aging Planning and Service Area 2 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 The Food Bank of Northern Nevada Inc ($52.6m), Frasier Meadows Manor Inc ($52.7m) and United Community Center Inc ($52.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $1.3m (2.5% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $40.1m against liabilities of $9.6m, net assets of $30.5m. It reported 168 employees.