Jennings Center for Older Adults

Analysis

Jennings Center for Older Adults is a registered charity in United States, based in Garfield HTS, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jennings Center for Older Adults reported income of $33.6m and spending of $34.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.9m to $33.6m (+16%), an average of +3.8% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jennings Center for Older Adults sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Morgridge Institute for Researchinc ($33.6m), Clarksville Montgomery Countycommunity Health Foundation Inc ($33.6m) and Ur Medicine Home Care Certified Services Inc ($33.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.0m (3.0% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $86.7m against liabilities of $63.6m, net assets of $23.1m. It reported 799 employees.