Hardin County Council on Aging Inc

Analysis

Hardin County Council on Aging Inc is a registered charity in United States, based in Kenton, OH. It received its IRS tax-exemption ruling in May 1979, 47 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, Hardin County Council on Aging Inc reported income of $1.6m and spending of $1.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hardin County Council on Aging Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Hope Services ($1.6m), St Josephs Conference of the Societ St Vincent de Paul Inc ($1.6m) and Atlas Ministry Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $55k (3.4% of expenses). Other salaries and wages came to $846k. At year end it held assets of $2.5m against liabilities of $61k, net assets of $2.4m. It reported 40 employees.